Planning and Reporting Offerings
Leverage personalized analytics on spending, business trends, and deviations from plans and forecasts to evaluate your company's financial health
Captive FPNA Framework
As-Is Process
FPNA Analytics
- Business & project requirement analysis
- Operating, cash & capital budget analysis
- Forecasting vs. actual budget analysis
- Use of big data & ML models to predict the business & revenue movement forecasting
Billing and P&L Allocation
- Complete billing cycle management
- Revenue cycle management
- Profitability, margin & cost allocation analysis
- P&L movement analysis
- Analytics to determine profitability margin, budget forecasting, variance trend analysis, and P&L movements
Project Cycle Management
- Complete pricing & commercial for deals
- RFP lifecycle, along with bid management
- Markup, ROI & gain sharing model preparation & analysis
- Cost of development, service cost, and net profit analysis
WFM MIS Cycle Management
- Project billing management & tracking
- Productivity, cycle time, and overhead tracking
- Headcount & resource utilization analysis
- Reconciliations in terms of headcount, productivity, and time tracking for project-wise billing & cost analysis
Regulatory Reporting
- Actual vs. budgeted analysis
- Forecasting movement analysis - variance
- Operating budget deck
- Quarterly business review - P&L Analysis
- Historic and past trend analysis of cost & budget allocation
Internal Audit Management
- Cost allocation and service cost movement tracking
- Complete monitoring of monthly budget movement
- Capex movement tracking & validation with CIP capitalization
- P&L variance supporting analysis along with actual vs. budgeted reconciliations with supporting
Pricing & Commercial
- Detailed market analysis of inflation rate across industries
- CPI index analysis, along with IT sector benchmarking
- Operating cost + markup + margin + pass-through cost model
- Cost of living index (COLA) assessment & evaluation - ROI & gain sharing model
Billing & Corporate Revenue Accounting
- Complete tracking of the sales cycle in terms of new customer acquisition
- Existing FTE/transaction/fix rate-wise billing preparation, tracking & control governance
- Ensuring the revenue figures are moving ahead in the right direction without any delay or deviation
- Complete revenue reconciliation for BU, client, and region
Exela FPNA - Core Functionalities & Value Proposition - Global Scale
Deep domain and analytics plus automation expertise driving the FPNA excellence
Exela Thought Leadership for FPNA Changing Scale
The role of FP&A has evolved in recent years. In the past, FP&A analysts focused on recording and reporting financial results and leveraging historical financial data to extrapolate future sales and earnings. But the flood of data available today and the technology that helps analysts use it has empowered FP&A to move from more reactive work to providing insightful predictions and analytics that directly influence the business's direction. FP&A is distinct from accounting in that it focuses on forward-looking data and attempts to anticipate future outcomes, while accounting reviews past and historical information to determine a company's current financial state.
Broader Functionalities of Our Core FPNA Unit
Scenario Planning
Exela FP&A folks map out best-case, expected, and worst-case scenarios by plugging in different sales and order volume numbers to see how they would impact the company's financial position. Based on those results, the team can identify steps it would take in response to different outcomes, better preparing a business for the future — "Extremely or very effective" FP&A teams were more likely to have predictive capabilities, according to a survey from AFP/APQC. These projections can also help plan capital expenses and other investments.
Ad-hoc Reporting
Typically requested by the CFO or controller, these on-demand reports often provide a more detailed look at a specific KPI or business department. An analyst or director may need to pull numbers from various broader reports to uncover the information the executive wants. This reporting and modeling, especially if done frequently, give the FP&A team the information it needs to provide timely, accurate, and actionable recommendations to senior management.
P&L Management
Exela FP&A team is responsible for putting together profit and loss (P&L) statements, board reports, and management reports such as variance reports, which track budget vs. actual spending by department, and statements of cash flow. Finalizing these statements requires collecting data from different departments (thus the business partnering skills) and further verifying and consolidating that information. The FP&A team uses that to calculate key financial indicators that will appear in these statements — like the debt-to-equity ratio and the current ratio.
Determination of Profit Margins
Our FP&A professionals dig into financial statements to understand which product lines or services have the highest profit margin or contribute the most to net profit. Similarly, they may break down the cost and revenue or profit generated by each department within the company. Another standard duty of FP&A team members is assessing a business's investments with its working capital and finding new investment opportunities.
Budgeting & Forecasting
More forward-looking responsibilities of our FP&A include planning the budget and forecasting the company's future financial performance. Budgeting requires parsing through financial reports to determine how to allocate money. Forecasting requires creating financial models that account for trends within the business, the broader industry, and the economy that may affect revenue and profit. Planning and forecasting are not just annual or quarterly events anymore in Exela because we have shifted to continual planning and rolling forecasts, regularly evaluating the latest numbers to make adjustments.
Billing, Pricing & Commercial Management
Starting from internal FTE Billing, cross utilization billing, intercompany billing, determining the customer pricing & commercial client model towards winning bids correlated with revenue accounting supported with WFM analysis powered with FPNA analytics team