Budgeting With BudgetPak

We are different. On purpose.
Or as we like to say, “BudgetPak is different by design.”

  • Guided Approach
  • Role-based Security
  • Revenue & Expense Planning
  • Allocations
  • Foreign Exchange (FX)
  • Collaborative, Zero-based & Incremental Methods
  • Headcount & Salary Planning
  • Benefit Calculations
  • Wizard-driven Set-up
  • Finance Driven Controls
  • Approval Workflow
  • Monthly Spreading
  • Federal & State Tax
  • Asset Planning
Section 1

Flexible Business Budgeting Functionality
Section 2

Detailed Headcount Budgeting
Section 3

Strategic Planning & Alignment

Watch Our Budget Prep Demo!

Flexible Business Budgeting Functionality

  • Budget Navigation Map – tailored to each department; each user sees only their own accounts
  • Multiple Budgeting Approaches – including annual, percent increase/decrease, by headcount, line-item detail, drivers & models
  • Step-by-step Guided User Experience – orients users to where they are in the process, shares progress to targets set by finance
  • Budget Watchbox – enables users to see the impact of each budget decision & change in real-time view
  • Finance-driven Controls – finance selects what is pre-determined & what users can or should edit
  • Multiple Monthly Spreading Methodologies – provides customization & accuracy based on spending patterns or seasonality

“With BudgetPak we’ve been able to gain transparency and consistency from year-to-year and department-to-department. We’re finally at the point where we can actually identify every dollar and what it’s for.”

- Courtney Bonnell, Director of Budgeting & Planning at A.T. Still University

Detailed Headcount Planning

  • Flexibility in Business Budgeting for Staffing Changes, including:
    • review current employees & note who is leaving
    • plan for new hires
    • review standard salary changes & change as needed
    • plan for other compensation such as bonuses or stipends
    • adjust hourly employee wages & hours
    • review benefits
  • Based on Pay Schedules – headcount decisions are automatically calculated & summarized monthly
  • Document & Justify – headcount & planning requests
  • Salary-controlled Defaults & Benefit Calculations

Watch Our Headcount Planning Demo!

“As a non-profit, it’s imperative we budget around the strategic plan. BudgetPak lets us easily start with the prior year data, then weed out unnecessary costs and build in new initiatives based on our organization’s goals.”

- Sheree Brugmann, Director of Finance & Accounting at Wheaton Bible Church

Budgeting With BudgetPak

“ActionPaks” Streamline Budgeting for Strategic Initiatives & Special Projects

Strategic Planning & Alignment

Ultimately the budget needs to be a numerical expression of the strategic plan – and that requires engagement, communication, and collaboration.

  • Categorize and align budget requests to specific strategic objectives
  • Budget multiple line items (at the same time)
  • Attach proper documentation & capture justification for requests
  • Capture historical documentation & reasons behind budget approval (or rejection) decisions
  • Contribute to initiatives that span multiple departments
  • Remove budgeted funds for non-approved projects with a single click