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Financial Planning & Analysis

Financial Planning and Analysis (FP&A) should be helping the enterprise get out in front of its competition. Unfortunately, too often these teams find themselves hindered by diverse systems of records, siloed operations, manual processes, and long turnaround times. Genpact's finance transformation experience encompasses FP&A solutions that automate routine tasks and give our clients the timely, qualitative business insights needed for more confident and effective decision-making.

Genpact reimagines FP&A by combining smart processes, analytics, and technology with advanced operating models. Our solutions are based on our ability - built over 16 years - to design, transform, and run intelligent business operations for clients across a wide range of industries.

Income statement analysis

We comprehensively examine various cost and revenue components in multiple dimensions to understand variances and provide business insights.

Balance sheet/cash flow analysis

Proactively spotting changes in the company's financial position helps avoid reporting errors and maintain competitive advantage.

Group consolidation

These activities help clients attain process standardization and automation, in turn driving efficiencies that reduce rework, streamline reporting, and break down silos where information and revenue often get “stuck."

Planning and budgeting

We support businesses with accurate forecasting of operational outcomes in financial terms. Predictive analysis, “what if" analysis, and simulations are some of the means through which we partner with our clients to generate business insights.

By leveraging centralized data warehouses, enhanced visualization, and report rationalization to reduce ad hoc reports, Genpact FP&A services provide more accurate insights, faster, with greater accuracy. We have extensive experience servicing clients with multiple ERP systems and business intelligence tools (Hyperion, BI, BW, Cognos, Oracle-OFA, ADI, and Discoverer).

Activity-based costing produces 18% productivity gain and enhanced analytical capabilities

A global healthcare equipment manufacturer used multiple input templates for budgeting data, and lacked the ability to generate a client-level P&L forecast. Genpact's FP&A team standardized and improved the input templates, helping to eliminate rework on consolidation, and created an innovative coding mechanism for swift transactions, leveraging existing data warehouse capabilities to generate activity-based costing. This enabled client-level P&L generation and helped the company increase FP&A productivity by 18% while enhancing their analytical capabilities.

44% reduction in regular management reports for an insurance leader

The company needed more efficient and insightful management reporting to overcome manual-intensive processes, inconsistent reporting formats, and low traceability. The team spent so much time on data collation that only 23% of its time went toward quantitative analysis. Genpact integrated the Cognos BI reporting platform with Oracle GL, enabling self-service reporting with high-end analytics in a scalable model replicable to other lines of business. The redesigned processes reduced management reports by 44% and produced 18% efficiency gains.