Our budgeting application can support different hierarchies that you can create and restrict to users. In addition, any number of reports can be implemented and restricted to users, and linked to your hierarchy.  Users can simply click on the hierarchy tree and quickly receive a report with that level of detail. 

Need to review last year’s numbers, or the results of a what-if scenario? Simply choose it from this screen, and the information is displayed.

Variance analysis is built-in to our tool, allowing you to track financial, statistical and FTE variances across budget years, and record and report upon reasons for the variances.

Our tool was designed with features to make the exercise of creating a budget easier and faster with more accurate results. In addition, tools are available to support impact analysis – what happens if benefit rates are higher than we thought? What happens if the union contracts resulted in a different hourly rate grid? With our what-if scenario capabilities and administrative tools, you can easily answer those questions.

Our administrative tools allow you to easily create budget years and calculation sets. In addition, you can quickly update the data that drives your budget, such as your assumptions employee list, chart of accounts and hierarchy to name a few. 

Our budgeting application allows you to easily export data into excel for your own analysis. The tool comes with a number of built-in exports, but is easily extensible to include any export that you may require.

Our tool was also designed with the contributor in mind. We’ve gone to great lengths to make using the system as productive and intuitive as possible. for that reason, many of our entry forms mimic Excel navigation, to provide a familiar user experience.

Users can create their own scenarios for their accounting unit. In each scenario, the user can identify their statistical and financial account budgets. Our Salary Worksheet allows you to budget at an employee level, simply by entering the number of hours the employee will work. Our application will then calculate the salary and benefit costs, and roll it up for the accounting unit. 

Each line can have notes annotated, or the contributor can enter notes against the entire scenario. 

For those people who are in charge of a department with multiple accounting units, a Director Summary report is available to allow you to review all your accounting units in a single glance.

Our budgeting application has many more features! Here are a few:

• Budget approval and budget completion reporting
• Creation of budget initiatives to develop a budget guideline
• Interdepartmental charge balancing and tracking
• Forecasting module to upload actual at any time during the year and allow contributors to adjust their numbers
• Easy data upload capabilities
• Support predefined or user customizable allocations spreads for both financial and statistical accounts
• Support for 3rd party business intelligence tools from vendors including Cognos and Microsoft

We will work with your organization to help determine the procurement option that is best suited to your business. these options include: