Target Business Model ® (TBM)

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 staturory needs. 
 
Key benefits:
  • 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

Latest Case Study

16/01/2008

A financial institution regulated by the Financial Services Authority (FSA).

Latest News

27/02/2008

As regular speakers at the Softworld Accounting and Finance Solutions event, the InsightMSC session was once again extremely well attended at this year’s Masterclass held on 27th February at the Novot...

Thought Leadership

12/03/2008

Peter Morley says that to make the most of your finance systems, you must understand how your company really works.