Budgeting & Forecasting
Easy and accurate generation of Budget Analysis from Sage 50 data.
Monitor your performance to plan for the future.
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Reporting on Categories
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Company/Department/Division Budgeting
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Actuals versus Budget
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Year-to-date reporting with the remaining Budget
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Variances and financial year comparison
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Multi-year
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Fill the budget using the previous year's P&L
Why is Budgeting & Forecasting important?
Budgeting is crucial because it enables you to strategically plan and manage your company’s
revenue and expenses over a specified period. It plays a key role in long-term financial
planning and resource control, ensuring that your company can effectively allocate
resources.
What does ProudNumbers offer?
ProudNumbers delivers a comprehensive, top-down budgeting system designed to streamline
financial planning and resource allocation across your organization, offering a range of key
features that include:
Company/Departments/Divisions Budgeting
ProudNumbers allows you to define and customize your organizational structure. The system
supports comprehensive budgeting across the entire company, as well as for individual
divisions and departments.
Actuals versus Budget Reporting
ProudNumbers provides variance analysis, offering detailed comparisons between budgeted and
actual results on both a monthly and year-to-date basis. This functionality enables you to
monitor your business's financial health and progress toward goals, highlighting areas where
revenue targets are missed or costs exceed expectations.
Year-to-Date Reporting with Remaining Budget
Year-to-date reporting, combined with insights into the remaining
budget, gives you a realistic perspective on your financial standing for the rest of the
fiscal year. This feature allows for ongoing budget revisions based on actual data from
closed months and projections for the upcoming periods.
Reporting on Nominal Categories with Flexible Charts of Accounts
ProudNumbers simplifies the budgeting process by allowing reporting on nominal categories
instead of individual nominal codes, saving time and reducing complexity. The flexible
Charts of Accounts enable you to customize and adapt your financial structure, ensuring that
your budgeting aligns seamlessly with your specific reporting needs.
Multi-Year Budgeting and Historical Data Utilization
ProudNumbers supports multi-year budgeting, enabling you to plan across several fiscal
years. Additionally, you can fill budgets using the previous year’s Profit & Loss (P&L)
data, either at 100% or by specifying a percentage, making it easier to establish accurate
and informed budgets that reflect historical performance and trends.