Budgeting tools
Budgeting software consolidates and centralizes financial information from all facets of a company. The budgeting tools are often found alongside planning and forecasting tools or a corporate performance solution. For optimal analysis, reporting and planning, budgeting is done in a single, automated solution so that data populates in budgets, forecasts and plans without manual rekeying and users can perform what-if analysis and project numbers based on a single version of the truth.
Key features often include:
- Plans and forecasts
- Financial dashboard and reporting
- Comprehensive analytics
- Financial, statutory and management reporting
- Cash flow planning
- Profitability modeling and optimization
- HR planning
- Planning of all kinds (Capital, Expense, S&OP)
- Ad hoc planning and consolidation
- Financial KPI dashboard
- Financial performance management
- Budgeting and forecasting
- Profit & loss and cash flow forecasts
- Actual/budget/plan variance reporting
- Revenue forecasting and analysis.