A leading US MedTech Company was struggling with budget allocation across various streams and functions. They reached out to Exavalu to direct them in seamless financial planning.
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Financial Advisory and Planning
Allocating approved EDO budget and prioritizing business and IT initiatives from the same budget pool was a constant challenge our client was going through. They had a significant number of backlog items and were unable to categorize capital expenditure and operating expenses. Software license management, right allocation of resources, and dependency resolution were some pressing issues that they wanted to address.
Our Finance Analysts and Data Team collaborated to carry out in-depth discoveries and analysis of their current state. After analyzing it completely, we provided them with a comprehensive recommendation of budgetary allocation across various work streams and functions viz. Program Prioritization, Timelines, Products, Services, Licenses, Resource Allocation, and others.
