Financial Planning & Financial Analysis

Many companies require an accurate and complete analysis of their business to plan and execute strategies that help them scale new performance peaks. Genpact’s FP&A professionals provides that help. Our services include Revenue/Profitability Analysis, Cost Analysis and Asset Analysis. Genpact’s expertise and wealth of analytical knowledge gained across many industries help us provide meaningful analysis to complement each customer’s business budgeting and review decisions. We also have the ability to provide key inputs to independently managed sections of the budget.

Our range of Financial Planning and Analysis solutions includes Planning and Performance, Base Cost Reporting, Cash Flow Analysis, Manufacturing Finance and Sales Analysis.

Our Approach

We begin by leveraging analytical knowledge gained through extensive issue-based discussions with customers. Next, we deploy a talent pool that possesses deep accounting knowledge, strong controllership, and quality focus. Over time, extensive on-the-job training, as well as completion of courses enable our FP&A teams to continuously broaden their expertise and skill sets.

Client Successes

We are facilitated an improved Financial Planning & Analysis for a major European equipment financing company with $8 billion in assets, presence in 15 countries, and 350,000 customers in multiple business channels. This development reduced sub-optimal decisions in its planning and budgeting process that were based on spreadsheets and reduced long planning cycle time, poor work-flow management and information security. By identifying and addressing workflow issues, Genpact was able to reduce Planning cycle time from 45 to 10 days. The amount of “what if” scenarios that could be evaluated in a given cycle were increased from two-thirds to “unlimited.” The net effect of these and other changes was an annual cost benefit of $1 million.

Successful Investment

Whenever a man or a corporation or a government entity spends some money to purchase an asset (movable, immovable or otherwise) of any kind with an intention to make profit in the future such activity is referred as investments.

Investments should be for long term and short term. Certain investment carries risk while the others do not. Similarly some investments guarantee returns while the others do not. When you have money to invest you must analyze many factors and then take the decision.

Investment is a vital activity in financial planning. Investment is important for many reasons. Firstly most of them generate greater revenue when compared with savings though the fact remains that certain investment doesn't necessarily give you returns. Investments can appreciate your asset value improve your bank balance and may be of a great recourse to start a business or take care of oneself in the old age. You must properly learn to invest money from the loans.

Importance of financial planning:specially if your income is limited

I am sure you have seen several of those days when at one time the weather was sunny, and most people you came across wore a nice smile. You were going out with a jumper, but you said to yourself, ' oh what a beautiful day! I do not need a jumper. Then what happened is next? You went out, singing heartily to yourself, and when you were far from home, the weather changed all of a sudden. The sky turned sullen grey; you began feeling cold, your hands began to turn into ice really bad, they hurt. This is very typical of the English weather? Isn't it?

Interestingly, a lot of us treat our finances just as we deal with the weather. We forget that in life lack has more or less the same chance to exist as abundance. A future worth looking forward to is one that has been to some extent mapped out. Have you ever had the knowedge of dashing to your room from the kitchen to fetch something, and just on the way having you be prompt switched briefly to something else, you got into your room, and you found yourself for a moment picking something else instead, and then instantly recalling: ' Oh no, this is not what I came here for!' That's what you get when you lose focus.

To guarantee the achievement of your short, medium and long-term financial objectives, you don't only have to plan your savings and investments, but you also have to establish and sustain focus. This is because life's circumstances can change really fast, normally without warning, and a well-focused individual will be better placed to identify any changes promptly enough, to effect any necessary changes to financial plans, geared at attaining financial goals.

You may be asking: what have I got to do with investment and savings when I can't even make ends meet? This is normally the excuse of many for not getting involved with anything to do with savings and investments. My wages are not high enough for me to start thinking about investments; they would say. But think about it for a moment, who needs savings and investments the most? The man who is scraping a living or the man who has already made it? It should be the poor man. It is a very sick person who needs to see a doctor to take a prescription for medication. A healthy person probably needs to only by choice take some supplements to help keep him or her in good shape. This is the position occupied by the affluent as regards savings and investments.

Then you finally investing is to take a certain amount of risk , with the hope of obtaining some returns on the principal invested. Think about it, it is the one who lacks, who should be under more pressure to gain returns to better his/her social life. It might interest you to know that there are savings/investments like Individual Savings Accounts(ISAs) that has a lot of tax relief benefits and do not need colossal amounts of money to start. Begin now;plan your savings and investments towards a rainy day.

Career Definetion

"A career is a sequence of jobs, each providing skills and experience needed for the next. In effect, an employer uses part of the extra revenue a worker generates to trained him and pay the rest in wages. As the worker accumulates human capital his pay rises... A worker invests in their career in light of conditions he expects in the future. He tries to gain valuable skills and knowledge at each stage of his career, but things are bound to turn out better than he expects in some ways and worse in others. Overall, if it turns out that he has made good choices, he advances quickly; otherwise, he advances slowly or loses his job. ...Most job changes are promotions, and occur within a single firm. Even those that involve moving to a new employer usually represent progress along a career path..."

Pay Plans

The financial industry is noticed for generous compensation plans, including large payouts of profits in the form of bonuses. No surprise that this is a huge reason why so many talented and energetic people are attracted to this field. Here's a rundown of the key elements of pay plans, as well as a look into the future, in light of the 2007-08 industry crisis.

Compensation Overview

Compensation Outlook

Financial Advisor Pay

What Are Production Credits?

Financial Advisor Payout Grid

Career Development

Career Development

Strategies for career growth may be involve changing direction and expanding your base of expertise. Along the way, you have to become skilled in cultivating and working contacts, and learn the importance of building up your own financial reserves. Lastly, the mercurial nature of the industry means that layoffs are always a possibility. Setting a personal plan for dealing with this eventuality is yet another critical objective for you.

Changing Jobs to Advance a Career

Redefining Your Job

Networking

Personal Wealth = Career Leverage

Surviving Layoffs

Turning Layoffs to Advantage

Continuing Education

Recommended Periodicals

Book Suggestions