1 Collaborative Planning - CP

2 CP – What is it? Collaborative Planning is a web-based budget management solution, designed to help you control the preparation, monitoring and forecasting of budgets. CP is linked to the main Finance System (SAMIS), Payroll (ResourceLink) and other Corporate systems.

3 MONITORING / FORECASTINGTraffic light forecasts Automatically calculate results Provision for local adjustments Reconciliations

4 FINANCIAL REPORTING Online dashboards Drill down to source systemsSelf-service and automatic report scheduling Statutory reports

5 BUDGET CREATION Incremental v zero base Activity driven calculatorsBudget profiling Multi year Review & approvals

6 SCENARIO PLANNING Multi-year outlooks What-if scenario analysisMultiple versions Automatic updates

7 Where are Schools with CP?Payroll Cumulative and Payroll Detail were rolled out in January 2016 Budget Monitoring will be developed In conjunction with Schools Finance and Schools. Budget Forecasting is intended to be available for the budget setting process (Sept/Oct 2016) Pay Forecasting should be available for multiple years.

8 Any Questions? Simon Field – Senior Accountant (Systems and Taxation) Tracy Wood – Assistant Accountant (Systems and Taxation)