Forecasting With BudgetPak
We are different. On purpose.
Or as we like to say, “BudgetPak is different by design.”
- Approval Workflow
- Role-based Security
- Guided Approach
- Custom Starting Point & Frequencies
- Merge Actuals with Budget or Forecast Data
- Account-level or Below Account-level Options
- Predictive Analytics
- Top-down, Bottom-up or Hybrid Methods
- Finance Driven Controls
- Wizard-driven set-up
Flexible Forecasting
All of our budgeting features, plus…
- Finance-determined Custom Starting Point – you decide which months of actuals to combine with the remaining budgeted or forecasted months
- Choice of Forecasting Philosophy – keep the totals the same as the existing budget, or change the totals based on actual spending
- High-level or Detailed, Your Choice –finance can choose a high-level (just adjust account totals) or detailed forecast (adjust headcount, assets & all details)
- Multiple Forecasting Versions Throughout the Year – each with a unique approval process
Detailed Forecasting
For organizations with rapid growth, numerous changes in headcount, or who need very specific monthly numbers for details below the account level.
- Fully capture all potential expenses
- Detailed data (individual employees, assets, or line item detail) can be adjusted on a monthly basis and automatically rolled up to the account level
- Every forecast version can include:
- employees
- drivers of calculated values
- and a description to explain the purpose of the forecast
Long-Term Projections
A high-level estimate of future years.
- Step-by-step Guide – enables you to easily create a projection, including:
- level of the organization
- historical versions and projection years
- selected income and expense data
- Version Flexibility – lets you easily create multiple projections by copying a current version and applying different variables
- Finance Controls – which users can view or work on which projections
- Predictive Analytics – provides the most accurate projection data based on the organization’s historical data values
- Existing Excel Models – can be integrated and utilized