How Budget Preparation can work for you
This module provides a fast and effective way of creating business models, entering data, reviewing, submitting, consolidating, and reporting the organisation’s annual plans and forecasts through the Internet or company intranet. Budgets are instantly consolidated, and results can be viewed in any currency by those with the appropriate permissions. Data input facilities are optimised for budgeting and data that has been entered or consolidated can be reviewed using powerful multidimensional ‘slice’ and ‘dice’ capabilities.
Data is kept in the original currency entered and appropriate currency conversion is automatically applied by the system, ensuring consistent results and the ability to easily see the effect of currency movements. All the Government ‘Anggaran Belanjawan Mengurus (ABM) ‘and’Anggaran Belanjawan Pembangunan (ABP)’ worksheets with the Budget Book are some of the output from this Budget PreparationModule.
Additional features of Budget Preparation
- Web-based for ease of access=
- Extended Multi-dimensional modelling
- Multiple Currency
- Accessible Data
- Flexible Collaboration
- Flexible Reporting
- Business Modelling
- Fast Consolidation
- Workflow Management
- Excel Spreadsheet Interaction
- Integration with Budgetary Control
Web-based for ease of access
Budget Preparation utilizes a ‘thin client’ browser-based system that is accessible on any desktop or notebook without the need for software deployment..
Comprehensive security features ensure that information and functionality are restricted to the permitted users.
Extended Multi-dimensional modelling
Cascade allows for asymmetric multidimensional modelling. This makes real life modelling easier in cases where, for example, not all products are sold in all regions and where modelling rules vary across regions.
With built in currency conversion, Cascade can automatically consolidate input that has been entered in differing currencies and report results in any chosen currency.
Data can be referenced across models. Automatic data updating and reconsolidation occurs when a referenced data value is changed. Importing data from other systems can be handled using a simple ODBC interface or in flat file format (comma delimited files).
Budget Preparation unique ‘cascading’ functionality allows users to extend the complexity of input requests without compromising structure or integrity.
Users can slice and dice, currency convert and produce reports on any data that they have permission to view.
The module is finance user friendly. Using intelligent wizards, finance users can quickly build complex models of the business.
Budget Preparation incorporates a powerful consolidation engine which provides very fast consolidation of data. Intelligent incremental consolidation after each data change minimizes processing and ensures real-time results to all users quickly and efficiently.
Comprehensive workflow features enable managers to monitor the progress of budget negotiations and enhance the collaboration process.
Excel Spreadsheet Interaction
A powerful spreadsheet add-in, enables users to access model data directly from a spreadsheet.
Integration with Budgetary Control
Upon the finalization of budget, the approved amount will be transferred to the system Budgetary Control Module for the daily monitoring and operation.