Financial Planning and Analysis | Enterprise Performance Management
Departmental Budgets
Give each department a budget, an owner and a view scoped to its own lines. Parts roll up to the company plan automatically. Spend requests and purchase orders check the remaining budget before approval, so commitments never outrun the plan.
What it does
Inside Departmental Budgets.
Connect your chart of accounts and procurement. Each department gets its own scoped budget the moment an owner is assigned, with actuals landing from the ledger as journals post.
01
Cost centre budget assignment
02
Budget owner workflow
03
Commitment tracking
04
Actuals roll-in
05
Re-allocation tracking
06
Plan consolidation
Where it sits
Part of Financial Planning and Analysis.
Budgets Build, review and lock the budget by dimension. Rolling Forecasts A forecast that re-bases itself as the year progresses. Scenarios Downside, base and upside on the same structure. Driver Models The relationships that actually move the numbers. Variance Analysis The gap, decomposed, with the transactions underneath. Workforce Planning Headcount, cost and capacity planned as one thing. KPI Targets Targets defined on the ledger, so the actual needs no assembling. Annual Operating Plan Annual operating plan software that eliminates spreadsheet sprawl. Cash Flow Forecasting Cash flow forecasting software. A direct 13-week cash runway built from live receivables, payables, payroll and tax due dates. Revenue Planning A revenue plan tied to pipeline and books. Plan revenue by product, segment or region from the same chart of accounts your statements use.
Run Departmental Budgets against your books.
A working session on your structure and a month of your documents.