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The planning and budgeting solutions (EP) allow the organization to align their business strategy with its execution. These solutions, like BI solutions, should be designed based upon the requirements of each business and then implemented with technological tools that improve the needs of each company.
What does the Application for Planning and Budgeting do? — These applications support the development of all the aspects of budgeting, planning and forecasting. They include the budget focused on a financial scale on short term, planning on long scale and strategic planning on a high level. The applications include the capacity to “paint” the process flow for the creation of a plan/budget, undergo it and approve it, and it provides the facility to dynamically create forecasts and scenarios.
How do we implement the planning and budgeting solutions?
First of all the actual budgeting process is analyzed and then a diagnosis is given to note where the principle problems are as well as the opportunities that there are to improve.
Once the analysis activity has concluded and the business requirements have been consolidated, a new budget model is designed. This model proceeds to be implemented with the support of the best available technology. The following functions should be considered:
Design of personalized models and planes that adapt to your business
Sophisticated molding that allows a quick creation of linked models that properly reflect the inter-functional dependencies and complex business logics.
Change the logic and rules of business in a quick and simple manner, compare alternatives and determine the impact in real time.
It does not require programming – You can construct and alternate the models without the need of programming language or IT support.
Construct models in days, not moths. Import definitions and data from other sources like ERP systems and accounting.
Multidimensional analysis. To compare results and scenarios, by manipulation through dimensions and perspectives. Compare teams and individuals with actual data and historical as well as external benchmarks.
Unified vision of data from the plan that interacts with the key factors that allow decision taking instead of debating its validity and information precision.
Invest time in the analysis; don’t spend it on the process
Sophisticated Characteristics such as “break-back”, multidimensional visions, and “drill-down” help the efficient exploration, evaluate models and validate premises in minutes.
"Break-back" automatically distributes aims on any section, data history, known stations for multiple dimensions, such as products, clients, territories, or time scales, without the need of defining special business rules.
The information flows in real time in order to create permanent forecasts and generate a better visibility of the operational results.
Eliminate unproductive activities such as validating numbers, fixing connections between systems or adjusting macros and programs.
Open environment allows sophisticated and friendly reports, and a simple analysis.
The alternate interface on Excel offers lecture and writing possibilities, allowing the users to complete the planning application with a familiar interface.
High participation throughout the company
Interface for data input. Personalized and intuitive, in Excel or Explorer interfaces, with easy formats to use that require little or no training.
Immediate access to specific planning models, but that are interconnected; using the Explorer, just simply, get connect.
Agile answers for hundred of competed users in multiple divisions and locations.
Possibility to choose a familiar interface such as Internet Explorer or Microsoft Excel to promote participation, collaboration and commitment.
Data transference for the server only happens by demand, and when it saves, it only saves the changes that are affected, saving in traffic and net requirements.
Complex calculations are executed in the client, reducing server and red requirements.
The users contribute the information "in their own language" and not in financial terms which are not as known.
Empower the organization though a distributed administration
Permanent feedback cycle minimizes the multiple interactions and negotiations that usually put back, or eventually paralyze the planning process.
Consistent and up to date data while the contributing plans generate them, they are added automatically; they allow the detection of inconsistencies.
Addition in real time it consolidates the plan and the results, it presents the impact of new forecasts and contribution to the plan without additional processing.
Offline work allows you to make the plan when and where it is convenient for you without the need to be connected to the net.
Online administration that allows making changes in the structure, data, user rights, model parameters, - 24x7 – without the need to put the systems offline.
Planning model to extend the capacity of your ERP
Planning data from all the company stored in one place which provides precise and unique information for all of the company.
Tie spreadsheets and other personal documents to the corporate planes to be updated automatically from details or confidential information.
Synchronized corporate plans that unit operational and financial plans and that show the impact of the operational changes in the results.
Process flow management
- Do a follow up of the participation in the planning process in a simple and automatic manner.
- Native interconnections with the mail systems allow you to simplify and maintain agile the process.
- A distributed administration shares responsibilities based on roles to manage a variety of applications and processes.
- Work offline, without a net connection, which updates the model when connected.
- Individual contributors can save their work, which is consolidated, before being submitted for approval.
- Flexible security, and personalized so that each individual or work team can accede to the information which they correspond to.
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