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Albion Nord Financial Forecasting Project

Objective:

To identify, evaluate, and implement a revenue forecasting solution for Albion Nord and to subsequently build out a comprehensive forecasting model within the system that enables accurate financial planning and decision-making capabilities.

Breakdown of the 7-Day Proposal:

Scope Breakdown

Scope Breakdown

Phase

Day

Core Focus Area

Key Actions & Deliverables

1: Scoping and planning

Day 1

Scoping & Technical Feasibility

Hold a kick-off session with Albion Nord to align on priorities & ensure understanding of all requirements

Document business requirements and technical specifications

Review current cashflow forecast in Excel and data sources.

Prioritise requirements for the system: Critical vs ‘nice to have’

1: Scoping and planning

Day 2

Tool shortlisting

Discovery of potential systems that fit requirements

Contact vendors for demos and pricing information

Likely

⁠

⁠

⁠

⁠

⁠

(final confirmation to rule out

Causal

⁠

)

Capture pros & cons of systems & present back shortlist eg. dashboard capabilities, user interface and ease of use and present back

1: Scoping and planning

Day 3

Decision & implementation plan

Negotiate pricing and contract terms

Design forecast model structure and scenario planning framework

Design implementation plan

2: Implementation and Go-Live

Days 4-6

System Setup & Model Configuration

Import historical data and configure baseline forecasts

Set up integration connections with existing systems

Build initial dashboard and reporting templates

Create scenario planning templates

Simplify reporting views and dashboards for AK & further stakeholders

Present back v1

Create a structured approach for access control and user roles across teams.

3: Post Go-Live optimisation

Day 7

Testing, Training Prep & Go-Live Planning

Iterate based on feedback on v1

Conduct comprehensive system testing with real scenarios

Build scenario planning templates and stress-test models

Present back v2 as final version

Finalise training materials and user documentation & schedule team training sessions for following week

Develop go-live checklist, support procedures, and handover documentation

Final feedback session with the team to ensure all key objectives are met.

There are no rows in this table

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Expected Outcomes:

Best-fit forecasting tool selected & implemented based on business requirements

Comprehensive forecast built out with functionality to flex with different scenarios

Training & documentation for relevant stakeholders, to ensure ease of use going forward

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