There is a growing demand for management accounting operations and systems that can cope with corporate transformation and rapidly changing market trends.
The conventional PDCA(Plan/Do/Check/Action) cycle, in which measures(Action) are taken in response to deviations between budget(Plan) and actual results(Do), tends to result in actions that respond to past events and cannot respond to drastically changing market trends.
Therefore, measures need to be developed to respond to future events. For this reason, it is very important to understand future condition (forecast). It is also necessary to implement a future-oriented PDCA cycle in which measures (Action) are taken in response to deviations between the budget(Plan) and Forecasts.
However, in financial planning process transformation, it is not easy to develop feasible plans that are consistent in terms of people, goods and money, and to produce reliable forecasts in a speedy and short-cycle manner.
At ABeam Consulting, we understand and take into account the differences and the unique business requirements of each client. We use our extensive wealth of experience and cutting-edge digital technology to create reliable forecasts and deliver our client business and success.
