 |
FRANÇAIS |
|
Decimal Suite Software,
to manage your Corporate Performance
Budgeting process: decentralization of budget input
Collaborator
No matter what type of company you work for, the budgetary process is one of the most demanding processes for which you can foresee significant gains in terms of time, money and added value.
Based on the planning performed in the Modelling module, the Collaborator module allows decentralized input and a fast and complete implementation of the entire budgetary cycle. A customized interface is submitted to the managers, who input their respective budgetary data and operational parameters. This way, managers feel more connected to the final result with which they will be confronted. Moreover this allows a considerable reduction in terms of preparation, deployment, collection, conciliation and analysis of budgetary data.
The Collaborator module reinforces cooperation among managers by updating the data of the budgetary model for their respective sectors. Such collaboration is essential during the final results analysis and stimulates synergy between departments.
Business applications
- Operational budget
- Manpower budget
- Corporate budget
- Decentralized budget
- Zero-based budget
- Budget per activity
- Budget per department
- Automatically consolidates costs during the budgetary input (Roll-up)
- Defines budgetary input regulations for managers
- Ensures the compliance to over-budgeting limits by implementing regulations
- Ensures the security of data in one single location and controls the access rights per user, model, cost center and account
- Defines parameters as authorized by the company during the input process
- Closely monitors the evolution of the budgetary cycle, ensuring the achievement of time and budgetary objectives
- Similar to the Collaborator Module, the Projection Module is based on business rules built in the Modelling Module
- Once the actual and budgetary data are inputted, the Projection Module allows managers to update projected data of their accountability center
- Allows the quick input of projections based on actual data accumulated to the day, thus reducing the projection cycle
- Accelerates the budgetary process for the next year using the actual accumulated data and the most recent projections, which serve as foundation for the next budgetary planning exercise
- Increases the quality of budgetary information and the comprehension of variances
| Copyright © 2010 DECIMAL | Private policy | Terms & conditions | Sitemap |