Transparency, insights and accountability
There are multiple benefits to the new approach. Since VDAB now uses a model that is shared across the company and the budgets are linked to the driver-based planning, they are enjoying more transparency, better insights and greater efficiencies. “delaware consolidated 95 expenditure declarations into a single budget reporting platform that is easy to access and easy to share. It provides us with a wealth of information on how to allocate and delegate our budgets,” says Ingrid.
Dominik: “When determining a budget, we no longer think purely in ‘products’ or ‘actions’; we instead link these to volumes. Moreover, budget holders now also take into account secondary resources, such as the cost of personnel or facilities. In addition, accountability has increased, as every manager has direct access to the figures that show the impacts of their decisions.”
“The calendar, by the way, is also very handy for ensuring that everyone delivers in accordance with planning and responsibilities. It has reduced the throughput time considerably,” Ingrid adds. “Last but not least, for me personally, I am very happy to see how driver-based planning fosters collaboration across departments and between finance and management – just what we had hoped for.”