ITLink consultants will work with you to identify the crux of your budgeting, financial reporting and forecasting requirements. Every business is different, and we tailor-make each solution to each client’s needs.

Aside from the software and hardware, we also care about the “heartware”. Our consultants are experienced in conducting fun and interesting change management workshops to engage your staff and educate them about Planning Analytics/TM1, its uses and the benefits it brings to the organization.

Budgeting

Planning Analytics/TM1 facilitates the creation of a collaborative and well-defined budget, based on accurate business modelling.

We understand that large businesses are often the sum of many interconnected business functions that work in an ever-changing environment.

Planning Analytics/TM1 gives users the flexibility to easily update data and reflect changes in real-time, making it easier to adapt to changes in the business environment (e.g. changes in sales estimates or fluctuations in exchange rate).

Financial Reporting

Planning Analytics/TM1 can improve the efficiency and effectiveness of month end reporting.

Instead of working on excel spreadsheets that are disconnect from your general ledger or other IT systems, Planning Analytics/TM1 allows users to consolidate all their numbers easily.

An update to your accounting numbers can be instantaneously reflected under your income statement, balance sheet, cashflow statement and other key metrics you may wish to report.

Forecasting

Planning Analytics/TM1 allows users to make rolling forecasts for various time periods.

Assimilating actual year-to-date data lets companies easily see how far they are from their goals.

Thanks to the collaborative nature of Planning Analytics/TM1, different business units can also update their individual financial models in real-time and quickly see its impact on overall financials.

This gives businesses the flexibility to smoothly run many iterations and conduct sensitivity analyses, to get a better grasp on how strategic decisions can lead to desired outcomes.