Budget Portfolio Management Suite For CFO's

Reconcile top-down vision
with bottom-up demand

Digitalize Your Budget Portfolio Management to Ensure Operational Effectiveness and Efficiency

The MySP Budget Portfolio Management Suite for CFO's was specifically designed to orchestrate the budget from initiation to consumption, assign accountability and traceability for every budget line, and enforce that it is aligned with your business strategic goals and constraints.

 

MySP Execution Panel

MySP Execution Panel is a game changer for the way C-Level and P&L managers manage their business units, meet their goals, and effectively execute on their strategy.

It does this by reshaping the way goals are planned, communicated, executed and achieved.

Key features:

  • Approaches the challenge from the bottom-up, breaking down business goals into sub-goals and cross-department deliverables

  • Highlights the correlation between KPIs and deliverables and their expected impact on the performance

  • Enables tracking of cross-organizational deliverables in the context of the goals, providing a holistic view of the targets

  • Automatically monitors the plans and generates actionable insights based on deviations from the plan

  • Creates a collaboration environment in which managers and their teams can work together and resolve issues when they occur

  • Integrates with existing IT systems (BI, PPM, ERP and Operational Systems) to minimize the risks of manual input

Key benefits: 

  • Manage your business unit from a single point

  • Drive your team towards effectively meeting their goals 

  • Establish collaboration and accountability across business units

  • Immediate implementation, user friendly
     

 

 

MySP Budget Planning

 

MySP Budget Planning allows you to gate the budget initiation process and orchestrate the perspectives of risk, business alignment, capacity and budget constraints, generating a what-if scenario that optimizes the budget structure yearly plan while supporting the changes it undergoes through the years. MySP tools do so while integrating with your existing ERP, GRC, PPM and other IT assets.

Key features:

  • Reconciles top-down vision and constraint with bottom-up demand

  • Captures constraints, costs, benefits and risk factors to consolidate all decision-making factors

  • Multi-perspective demand prioritization

  • Automatic and forced demand ranking

  • Optimizes the annual plans using what-if scenarios
     

  • Budget Planning

  • Creates a framework for annual budget planning

  • Captures requests for budget (demand management)

  • Provides annual plan summary

  • Conducts what-if scenarios

  • Manages end-of-year procedure

Key benefits: 

  • Reduce up to 50% of the managerial effort vested in the budget planning and control

  • Diminish budget planning duration and maintenance practice

  • Set uniformity, accountability, traceability and auditability across the corporation

  • Provide comprehensive what-if scenarios for optimizing the entire budget span (CAPEX & OPEX)

  • Combine top down and bottom up approaches to orchestrate both budget, capacity and risk constraints within the decision-making process

  • Integrate with existing ERP systems

 
 

MySP Budget Planning

MySP Budget Management

 

MySP Budget Planning & Management allows you to gate the budget initiation process and orchestrate the perspectives of risk, business alignment, capacity and budget constraints, generating a what-if scenario that optimizes the budget structure yearly plan while supporting the changes it undergoes along the years. MySP tools do so while integrating with your existing ERP, GRC, PPM and other IT assets.

MySP Budget Management

 

MySP Budget Management allows you to gate the budget initiation process and orchestrate the perspectives of risk, business alignment, capacity and budget constraints. It generates a what-if scenario that optimizes the budget structure yearly plan while supporting the changes it undergoes throughout the years. MySP Budget Management does this while integrating with your existing ERP, GRC, PPM and other IT assets.

Key features:

  • Reconciles top-down vision and constraint with bottom-up demand

  • Captures constraints, costs, benefits and risk factors to consolidate all decision-making factors

  • Multi-perspective demand prioritization

  • Automatic and forced demand ranking

  • Optimizes the annual plans using what-if scenarios
     

  • Budget Management

  • Change control

  • View original plan vs. current plan

  • Baselining against the original plan

  • Request for change in a budget line/plan

  • View change impact on plan

  • View planning vs. actuals per budget or as a summary

Key benefits: 

  • Reduce up to 50% of the managerial effort vested in the budget planning and control

  • Reduce the duration of the budget planning and maintenance practice

  • Set uniformity, accountability, traceability and auditability across the corporation

  • Provide comprehensive what-if scenarios for optimizing the entire budget span (CAPEX & OPEX)

  • Combine top down and bottom up approaches to orchestrate both budget, capacity and risk constraints within the decision-making process

  • Integrate with existing ERP systems

MySP Procurement Management

 

MySP Procurement Management allows you to create proper procedures and controls so that the procurement process is efficient and the purchasing strength is maximized. MySP tools do so while integrating with your existing ERP. 

Key features:

  • Manages the procurement flow - business need, vendor selection, contract milestones, acceptance, supplier payment approvals

  • Handles customizable approval matrices

  • Measures performance of buyers

  • Improves overall procurement efficiency, thus reducing time to market and saving costs

  • Integrates with key ERP systems (such as SAP) 

Key benefits: 

  • Improve the quality of procurement process and make it consistent

  • Identify weak spots in the procurement process

MySP Vendor Management

 

MySP Vendor Management allows you to manage vendor relationships throughout the entire lifecycle - from selection, through onboarding and ongoing performance assessment.
By applying standard procedures on these processes, the corporation can maximize value and reduce risks when engaging with multiple vendors.

Key features:

  • Manages vendor onboarding processes - NDA signoffs, training and more

  • Measures vendor performance using satisfaction surveys

  • When integrated with procurement management, shows performance based on deliverable acceptance

  • Manages vendor-related risks and mitigation plans

  • Handles vendor repository - offerings, KPIs, onboarding status, contracts and more

  • Conducts outline contract management - expiry, key milestones

Key benefits: 

  • Maximize value from vendors

  • Reduce risk

  • Increased efficiency dealing with contract-related procedures, such as renewal and milestone acceptance