Performance against the annual plan, with root-cause explanation for each material variance.
The monthly actuals-vs-budget review is the most important financial management routine in any business — and it is done poorly in the majority of organisations. Reports that list variances without explaining them are a waste of everyone's time.
We design actuals-vs-budget reporting frameworks that present variances at the right level of granularity, explain the drivers behind each significant variance, and clearly distinguish between variances that are within management control and those that are not.