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Budget-to-Actual Variance Agent

Q3 FY2026 Variance Report

Mars Snacking · Last scan: Mon Apr 28, 2026 · 6:02 AM CDT · 3 variances require action

Material variances
7
2 alerts · 2 warnings
Net variance
-$285K
vs. approved budget
Top driver
Timing delay
3 of 7 variances
Budget utilization
98.5%
$18.1M of $18.4M
Budget vs. actual + committed$4.6M of $4.2M
$418K over budget ceiling
Agent explanation

Paid media digital spend is $418K over budget, driven by two scope expansions approved in March: a programmatic retargeting extension ($214K, PO-1198) and a connected TV test ($204K, PO-1201). Both were approved individually but the combined impact was not reconciled against the annual envelope at the time of approval.

Source data
PO-1198 · $214,000 · Programmatic retargeting
PO-1201 · $204,000 · Connected TV test
INV-4801 · $42,000 · MediaCorp Q2
Recommended action

Escalate to VP Marketing Finance for budget reallocation. Recommend pulling $418K from the Q4 Snickers contingency reserve (currently $620K unallocated).

Escalate
Budget vs. actual + committed$3.4M of $3.1M
$312K over budget ceiling
Agent explanation

GBP/EUR depreciation against USD has added approximately $174K to the USD-equivalent cost of EMEA media buys since the budget was set in January. An additional $138K overage reflects a scope expansion of the influencer program in Germany (SOW amendment signed Apr 3). The FX component was not hedged.

Source data
PO-1215 · £685,000 · Publicis EMEA
SOW amendment Apr 3 · Germany influencer · +$138K
FX rate Jan baseline: 1.27 → current: 1.19
Recommended action

Correct: engage Treasury to evaluate FX hedging for remaining Q3 EMEA commitments. Separately, request a revised SOW cap for the Germany influencer program.

Correct