Customers:
_Business case
Why a business case ?
The development of a business case can provide you with some practical answers to questions like these:
- What are the likely long-term costs and benefits of a new recruitment system ?
- What is the impact on business operations ?
- Which risks are involved ?
A business case provides you with an accurate understanding of the financial results and other business consequences of an implementation of peoplexs.
Financial profile
We survey the current environment and create a financial profile of your operation as it is today and as it would be in the near future under 'business as usual'. This becomes the basis for measuring impacts of the proposed acquisition. The financial profile is developed from an understanding of your business objectives and business plans, as well as your activities, processes, cost drivers, and resource requirements.
We build a cash flow model of the expected cost and benefit impacts in the case. Cash flow projections are evaluated with standard financial criteria such as discounted cash flow, payback period, and internal rate of return. We assess the relative importance of major cost and benefit impacts that cannot be quantified in financial terms.
Measure the impact
We analyze the likely impacts of the acquisition. With technology acquisitions like an implementation of peoplexs, for instance, this begins by understanding the new functionality and how it can impact business operations, work flow and processes. All important impacts are measured in concrete, operational terms. The analysis also considers carefully all requirements and contingencies involved.
Manage risk
A business case by definition deals with future events and uncertainties. In order to make informed business decisions confidently, your audience needs good answers to questions like these: 'How likely are the projected results?', 'What other outcomes are possible?' and 'Where are the major risks?' We perform a rigorous sensitivity analysis on the financial model to determine which drivers, contingencies, and other factors control results and by how much. They help you go through the business case scenario in order to help you understand fully the likelihood of different business case results.
Reporting
You receive a management summary report of the financial analysis, risk analysis and other findings, along with an interpretation and evaluation of all results. We will present this to your top management if you wish. You also receive a complete record of the data and other information developed during the project, and an electronic copy of the financial model.