Outsourced Budgeting Consulting for a Medium Sized Company

Case Study

The CEO of a medium sized company approached Perceptive to create budget for the company. The company did not have internal budgeting capability. The CEO wanted to reign in expenses, avert an impending cash crunch and understand the impact of planned investments and explore variances. The CEO was keen to maintain confidentiality between departments.



Solution Perceptive, with its experience in creating such budgets for a number of companies, created a five part budget model. The department budget components can be torn apart and sent to departments. The corporate model was sent to the CEO and CFO. After training the team members in budgeting and establishing the ground rules and common understanding for the whole company, the budget was put together. A detailed analysis of non-budgeted items and over budgeted expenses report was sent to the CEO who asked the team to correct them. The CEO was able to start budgeting as a competence. If you would like us to help you in your budgeting process, please write to us.