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
Section 1

Flexible Forecasting
Section 2

Detailed Forecasting
Section 3

Long-Term Projections

BudgetPak Forecast - XLerant

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

“Now we have better control over the data that we’re using to create a forecast and the ability to put in notes so we know why we chose a certain number. We’ve increased accuracy and saved time with BudgetPak.”

- Dan Brent, CPA, Chief Financial Officer at William James College

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

BudgetPak Forecast Excel - XLerant

“With BudgetPak we can forecast every month using detailed revenues, including the number of attendees that we have and the average ticket price. Plus we are always looking at the trailing 12 months, because of seasonal influences like summertime, holidays, and when school starts.”

- Sally Berven, CFO, Perot Museum of Nature and Science

BudgetPak Forecast Projections - XLerant

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