Collaborative Budgeting Software
Budgeting Software Time-saving Features
- Standardized templates, no need to labor over setup
- Multiple styles of data entry (simple annual target, simple monthly values, or itemized monthly)
- Prebuilt math functions (no excel like formula bar) to contain the chaos
- Live-linked to the ERP, which allows for self-service reporting fetches (prior year, spend by vendor, revenue by customer, sales by territory, etc)
- 1-click drill down to transaction details in budget entry screens (why did I spend $$ last May, should I budget for that next year?)
- Detailed Payroll for Salaried or Hourly Staff (including cross department allocations, and yes FICA correctly accrues from January)
- Allocations (Fixed or Variable – Zero out a department, handful of accounts, free form amount, or mass 1:1 account visibility)
- Budget to Dimensions, Analytical Accounting, Vendor, Customer, Sales Rep, Territory, etc.
- Gives you a choice between financial forecasting methods
- Lets users collaborate easily, even running their own budgeting reports
Budgeting Software Modules
