Abstract: A method and apparatus for financial planning and control are disclosed that are capable of real-time response to changing market conditions. The disclosed method provides financial management and control tools that allow an organization to rapidly (on weekly or monthly frequencies, for example) realign financial resources throughout the organization in response to changing market and business conditions. The method links critical external information directly to company decision-making activities to allow a business to better align resources to capitalize upon opportunities or minimize the impact of adverse business conditions. The disclosed embodiment of the invention comprises several modules, including the TopLine Planner™ module, BizPlan™ module, and SpendCap Manager™ module. The TopLine Planner™ module receives inputs from and provides information to sales, marketing and manufacturing, and is coupled to the BizPlan™ module.

Abstract: A method providing automatic allocation of a spending limit value among a plurality of recipient departments is disclosed. A spending plan, comprising a plurality of spending limit values, is created. Each spending limit value is associated with a department from among a plurality of departments. A first selected department is identified as a source for allocation of a first spending value. One or more recipient departments are identified as recipients of an allocation of the first spending value. The first spending value is then automatically allocated among the recipients under a specified allocation model, resulting in creating a plurality of allocated spending limit values that are associated with one of the recipient departments. As a result, delay in preparing spending plans is reduced because allocations are rapidly, automatically computed and distributed to department plans.

Abstract: Techniques providing automatic control of a distributed electronic financial plan are disclosed. A set of financial statements is created and populated with planned data values that are stored in a database. In certain embodiments, statements in the set are logically linked to facilitate automatic updating as changes occur. The P&L, balance sheet and statement of cash flow are all automatically configured with certain calculated lines and standard lines that maintain proper accounting relationships among the electronic financial plan documents. Spending lines of the P&L are linked meaningfully to constrain spending plans of the corresponding underlying departments so that the P&L becomes conservative in terms of spending. One or more organizational hierarchies may be created and stored, based on departmental organization or revenue flows, and sets of P&Ls, balance sheets, and statements of cash flows are associated with nodes in these hierarchies.

Abstract: An approach for managing forecast data involving the use of a hierarchical data model to manage forecast data. Each user has forecast data and access is determined based upon the relationships between user and the hierarchical data model. Each relationship is defined by user attributes including a node assignment and primary and secondary forecasting depths for primary and secondary data hierarchies. Access to forecast data is provided by first identifying the user's assigned node in the user's primary data hierarchy and traversing to the relative primary forecasting depth with respect to the user's assigned node. Then the user's secondary data hierarchy is traversed to the absolute secondary forecasting depth. Generally, users are only permitted to change data only at their lowest level, although some users may be given privileges to override forecast data at other levels. A consensus mechanism is also provided for resolving conflict or inconsistencies in forecast data.

Abstract: A method and apparatus for financial planning and control are disclosed that are capable of real-time response to changing market conditions. The disclosed method provides financial management and control tools that allow an organization to rapidly (on weekly or monthly frequencies, for example) realign financial resources throughout the organization in response to changing market and business conditions. The method links critical external information directly to company decision-making activities to allow a business to better align resources to capitalize upon opportunities or minimize the impact of adverse business conditions. The disclosed embodiment of the invention comprises several modules, including the TopLine Planner™ module, BizPlan™ module, and SpendCap Manager™ module. The TopLine Planner™ module receives inputs from and provides information to sales, marketing and manufacturing, and is coupled to the BizPlan™ module.