Budgeting & Planning
ClearFinancials® delivers powerful budgeting & planning functionality that dramatically reduces the time and effort associated with the budgeting process. The application enables the ability to create top-down or bottoms-up budget for every account in the GL that rolls-up every division in the corporate hierarchy to produce a consolidated view of corporate performance. The ClearFinancials® budget integrates multi-division corporate structures for one view of corporate performance regardless of the operating system. Rolling budgets update automatically and are easily updated or modified as new information becomes available or corporate strategy changes. Any metric or ratio can be assigned from the budget to key stakeholder dashboards to facilitate continuity throughout the organization.
Every account in the capital structure from the GL to top level financial accounts can be modeled as a function of sales, asset-turnover, DSO, DPO and a host of other key performance drivers to achieve desired top-down objectives. In addition, specific accounts may be locked and updated from the bottom to model around constrained values.
- Efficiently create a financial budget for your customer that includes every account in the accounting structure for up to 120 periods.
- Efficiently deliver a mirror image of the complete accounting structure for customer input that can be analyzed, modeled according to your recommendations.
- Consolidate budgets throughout complex organizations or those with disparate operating systems or multiple foreign currencies.
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