Budget and Performance Management

Manage budget pro-actively and monitor performance levels

Strengthen decision support mechanisms in your company with Budget and Performance Management. 

Budget and Performance Management automates the full budgeting life cycle, including preparation of budgets for different business units through a top-down or bottom-up process, their consolidation, and revisions. It provides a robust and flexible infrastructure which can support the different requirements and dynamic budgeting processes of companies.

 Budget Types and Distribution Keys

• Budget models can be defined according to the organization chart
• Provides detailed distribution keys 

 Budget Templates and Price Lists

• Easy creation of budget templates using product catalogs
• Supports multiple price lists
• Supports project-based budgeting 

 Preparation & Revisions

• Allows the preparation of income and expenditure budgets by business units
• Facilitates preparation of project-based budgets
• Dynamic revisions with automated tracking and versioning 

 Consolidation & Finalization

• Easy consolidation of budgets
• Flexible consolidation process adaptable to organizational and managerial structure
• Management can review the budgets and make changes during consolidation and finalization 

 Reporting & Analysis

• Projected and realized budgets can be tracked by business unit, location or project
• Realized budgets are monitored against projections for purchases during their planning, finalization, and realization stages.
• Sources of deviation can be analyzed and reported