Budgeting & Planning
Integrated planning on a single, common platform
Financial Executives today are faced with a myriad of challenges in trying to accurately predict and communicate operational and financial plans to management for fast and effective decision-making. These challenges often include:
- Inability to collect, store, consolidate and report relevant information on a timely basis
- Lack of a cohesive planning methodology and the processes and systems in place to execute that methodology effectively
- Lack of coordination and communication amongst the various participants in the planning process
- An antiquated chart of accounts that does not accurately reflect the needs of both the planning and reporting groups
- Inability to react quickly to changing market conditions
Cubewise's Budgeting & Planning solution addresses these very issues and support an environment where multiple decision makers can engage in the planning process simultaneously. This enables changes and updates to be made in real time so you can see the results of what others are doing instantly.
- Fully interactive web and Excel clients
- Top-down planning with bottom-up budgeting and forecasting
- Multi-company budget consolidation
- Rolling forecasts
- Line-item annotation and supporting detail
- Multi-currency support
- User-defined trending methods
- Calculation engine to model assumptions, allocation, KPI, etc.
- Audit trail, read-only, read-write or no access for security and data integrity
- Workflow, alerts and notifications
- "What-if" analysis
With Cubewise's Budgeting & Planning solution, you can centrally manage and collaborate on every step of the budgeting and planning process. Decision makers create, own and communicate detailed plans, calculations and assumptions, across the enterprise, improving user participation and data integrity.
- Create a global community of users to participate in a web-based planning and reporting process
- Streamline the entire budgeting process to ensure that decision makers have timely access to critical business information
- Obtain real-time insight into operating performance through continuous and collaborative planning
- Forecast using actual data to see the effect of proposed changes on the entire business model
- Provide integrated workflow to allow planners and management to collaborate at each stage of the planning process
Cubewise's Budgeting & Planning solution is designed to take the traditionally static budgeting process to a collaborative, real-time and continuous state.