| The Washington Post |
| Since it first began publication
over a century ago, The Washington Post has grown into one of the most recognized
news organizations in the world. The newspaper delivers timely and reliable
national news, political, and cultural coverage available from the editors
and writers of The Washington Post. |
| Reason for PowerPlan Implementation |
| PowerPlan was implemented to facilitate
Other Expense, Payroll, and Capital Budgeting/Forecasting. The goal is to
augment the existing PowerPlan model so that the company can utilize PowerPlan
to produce the Income Statement. |
| Previous Operations |
| Prior to using PowerPlan, The Washington
Post used numerous intricate Excel spreadsheets. |
| Post PowerPlan Benefits |
| PowerPlan has reduced the amount
of time needed for completing Other Expense budget and has allowed more
time for analysis. PowerPlan users can cut the data any way they see fit
and can use various customized reports to monitor expenses more closely. |
| Software Access and Organization
Penetration |
| PowerPlan is accessed from desktops
by a multitude of users who review actual to plan variances, update the
current year's estimate, and plan for next year's request. |
