InfoSuite Budget

With InfoSuite Budget you get a time saving budgeting procedure with decentralized budget entry and maximum commitment. InfoSuite Budget works out draft budgets based on your parameters. You adapt the budget to the levels and areas relevant (with minimal typing), InfoSuite Budget manages the technique of decomposition and allocation, allowing you instantly to see the consequence of the budget on all levels.

InfoSuite Budget can be used for budgeting in all areas. Obvious areas are sales budgeting with decentralized entry, financial and cost budgeting on account groups or on account level - totally with allocation based on history or allocation formulas, or direct entry on a monthly basis. But InfoSuite Budget is also used in the areas purchase, stock, production, etc as well as for definition of activity goals by Performance Management actions.

Obvious advantages of InfoSuite Budget

• Saves time by creation, distribution and collection of the spreadsheets which can be completely eliminated
• Very easy to prepare the budget entry on the exact level needed for the individual salesman
• The person responsible for the budget operates in a fixed defined draft with authorization procedure and confirmation
• Salesmen can budget on 3 product groups in one procedure
• When accepted, the budgets can be seen in the InfoSuite BI client immediately
• Budgeting on optional level
• Creation of draft budgets which reduce entry
• Integration to historic data as inspiration in the budget procedure
• Reducing entry by residual budgeting and allocation formulas
• Management of budget version (incl. log function and temporary lock) and rolling budgeting
• Automation of calculations (prices and accruals concept)
• Drill down can be made to "detail level" which can then be summarized

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