https://store-images.s-microsoft.com/image/apps.40813.1621e87f-7b4e-4913-bf7f-a50221ddb477.4763c9fd-e145-4003-993d-e9d07d534925.19543972-eb94-4a32-b43c-1937430bf3fd

Power Budgeting

by Elitmind SP

Power Budgeting is a cutting-edge solution dedicated to Finance and Controlling departments.

Elitmind offers a solution tailored for Finance & Controlling departments that enable your organization to:


    • Create plans and report their results in one place

    • Forecast Management directly in reports.

    • Automate forecast updates.

    • Create and manage several budget versions.

    • Consolidate financial data.

    • Manage dictionaries and mappings.



Solution enables multiple features such as:


Planning
  • Budget preparation (bottom-up, top-down)
  • Budget versions management
  • Possibility of importing budget from the Excel
files
  • Possibility of export prepared budget to the Excel
file

Process workflow
  • Central management of the budgeting process
(Initializing the process, tracking the progress)
  • Acceptance process of budgeted values
  • Management of user permissions

Communication
  • Adding comments to the budgeted values
  • Budget acceptance or rejection with the possibility of adding a comment
  • Notifications (e-mail, SMS, etc.)

Historical data
  • Integration with the ERP system and actual data ingestion
  • Import data from flat files
  • Periodical update of forecast values based on actual data

Multi-dimensional model
  • Import dimensions from flat files or the ERP system
  • Possibility of maintaining dictionaries and mappings in the app
  • Automatic consolidation of the budgeted values into one consistent model

Reporting
  • Budget reports (budget 12M vs actual/forecast, comparison several versions of the budget)
  • Variance analysis (actual vs budget vs forecast)
  • What-if analysis
  • Managerial dashboards


Available visuals:
  1. Budgeting Dashboard
  2. Budget Report
  3. Budget Planning Form
  4. Workflow Acceptance
  5. Scenario Management
  6. Permission Management

At a glance

https://store-images.s-microsoft.com/image/apps.58404.1621e87f-7b4e-4913-bf7f-a50221ddb477.4763c9fd-e145-4003-993d-e9d07d534925.95979d71-42e6-4e6f-bd6f-03a4a635415e
https://store-images.s-microsoft.com/image/apps.26065.1621e87f-7b4e-4913-bf7f-a50221ddb477.4763c9fd-e145-4003-993d-e9d07d534925.571cbbc2-2507-428f-9dc9-7be5afb2421a
https://store-images.s-microsoft.com/image/apps.35847.1621e87f-7b4e-4913-bf7f-a50221ddb477.4763c9fd-e145-4003-993d-e9d07d534925.53a318b8-309b-4381-9222-892393d52dba