TBM: Target Business Model ®
TBM is run in advance of selecting a new system to help develop the organisation’s business requirements. It is a questionnaire-based business analysis designed to elicit statutory, regulatory and management rules and reporting requirements. TBM helps our clients understand their business needs and usually takes the form of facilitated workshops. A specific version of this tool is the Target Accounting Model (TAM) which is focused on extracting the organisation’s accounting rules and requirements.
We ensure that the rules and requirements are reflected in the business configuration of any system, so that structures, reports and processes meet business and statutory needs.
- Provides a structured step-by-step analysis of the business and accounting requirements
- Reduces the risk of selecting the wrong system
- Leads to optimal system design
- Ensures the new system meets statutory regulations