One of the most common challenges of small and middle-market companies is Budgeting.
You may find yourself having a hard time determining how often the budgeting process should take place. You immerse yourself in time consuming in planning and budgeting cycles, and ultimately, determining how your budget will be used. You need the right tool to simplify your Planning and Budgeting process to enhance forecasting and scenario-planning abilities. Have the capability to easily identify what factors are significantly impacting your business.
Oracle NetSuite Planning and Budgeting enables quick adoption of world-class financial planning and budgeting across lines of businesses with flexible and customizable deployment options. Oracle NetSuite Planning and Budgeting facilitates both company-wide and departmental financial planning with modeling capabilities, approval workflows and reporting within one collaborative scalable solution. Oracle NetSuite Planning and Budgeting uses a powerful calculation engine which can accommodate a wide range of business logic with fast in-memory aggregation and instant financial planning analysis and reporting.
Oracle NetSuite Planning and Budgeting offers comprehensive integration with Microsoft Office tools such as Microsoft Outlook, Excel, Word and PowerPoint with Smart View for Office. Users can leverage Excel as the environment for adding custom members on the fly, slicing and dicing data and ad-hoc modelling. Common financial planning actions, such as spreading and allocation, are available within planning data grids rendered within Microsoft Excel.
REDUCE PLANNING CYCLE TIMES
Collect inputs and assumptions, review iterations and present consolidated results in a timely manner.
IMPROVE FORECAST ACCURACY
Compare and analyze actual versus projected results regularly to refine forecasts.
ALIGN THE ORGANIZATION
Centralize your budget with forecast and actual information in one place, providing a single version of the truth.
TIMELY INFORMATION AND INSIGHT
Drill across budget, forecast and actuals to see the impact on business performance.