Implementation of Planning Tools

The planning of many companies still only includes the planning of (significant) income statement items. This focus, which only concentrates on the income statement, may be sufficient for small and medium-sized companies in times of surplus liquidity. For professionally positioned companies, especially on the capital market, but also beyond that and in situations of tight liquidity, the preparation of integrated planning is essential. Integrated planning usually includes existing P&L planning, as well as balance sheet and cash flow planning. The numerous interdependencies between these three elements - such as the increase in fixed assets, the outflow of funds in the investment cash flow and the depreciation in the income statement or the amount of sales revenue, the level of receivables and the change in the operating cash flow - must be taken into account. Furthermore, the most common planning tool used by companies is still MS Excel. However, there are now numerous very good planning programs on the market that also offer a reasonable price-performance ratio.

Introduction of integrated planning & implementation of a planning tool

Our services in the area of integrated planning/implementation planning tool are particularly relevant if:

• Corporate planning simply does not exist and corporate planning has to be set up in the first place
• Corporate planning only consists of profit and loss planning without balance sheet and cash flow planning
• Corporate planning does include P&L, balance sheet and cash flow planning, but these are not integrated and therefore do not take account of mutual interdependencies
• Corporate planning is created in MS Excel and the functionalities of MS Excel, such as shaping or VBA, are not sufficiently utilized

• Business plans are created in MS Excel, but MS Excel reaches its limits due to, for example, susceptibility to errors or data volume

Support of WTS Advisory in the introduction of integrated planning & implementation of a planning tool

Our services in the area of integrated corporate planning/implementation of planning tools include

• Analysis of the business model, value drivers and stakeholder requirements to derive the planning model
• Design of an integrated planning model, taking into account the interdependencies between the income statement, balance sheet and cash flow statement
• Support in the selection of software for a planning tool
• Implementation of the integrated planning model in MS Excel or a new planning tool

Please do not hesitate to contact us if you are interested or have any questions.