Budgeting & Planning
ClearFinancials® Dynamic Rolling Budgets
ClearFinancials® delivers powerful budgeting & planning functionality that dramatically reduces the time and effort associated with the budgeting process. Create top-down or bottom-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.
Sense, Adapt & Respond
Rolling budgets update automatically with current financial data to facilitate a sense, adapt and respond strategy. Budgets are easily updated or modified as new information becomes available or corporate strategy changes.
Dispatched to Key Stakeholders through Dashboards or Reports
Any metric or ratio can be assigned from the budget to key stakeholder dashboards to facilitate continuity throughout the organization.
Bottom-up or Top Down
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, accounts may be locked and updated from the bottom to model around values considered to be constrained.
Easy to use and easy to implement
- Budget data is consistent, transparent and always available.
- Entire workflow in a single application environment.
- Automatic modeling works in harmony with manual input if necessary.
- Seamlessly integrated with modeling & forecasting to respond to changes on the fly.
- Supports multi-divisions, profit centers and disparate operating systems.
- One source of data, always available.
