15.01 Planning, Budgeting, and Forecasting (PBCS / EPBCS) Business Process Improvements: • Enable faster budget cycles with online forms and workflow automation. • Improve forecast accuracy with rolling forecasts and real-time actuals. • Support scenario analysis with what-if modeling and version comparison. • Standardize planning across units using centralized drivers. Requirements: • Workforce, CapEx, and project-based templates • Support for top-down and bottom-up planning • Dashboards for plan vs actual variance 15.02 Financial Consolidation and Close (FCCS) Business Process Improvements: • Automate close cycles with rules-based intercompany eliminations. • Standardize consolidation for multi-entity, multi-currency environments. • Increase transparency with audit trails and journal entry workflows. Requirements: • Daily interim consolidations • Ownership management and eliminations • Prebuilt financial statement reporting
