Budgeting

ClearFinancials® Budgeting is a powerful, easy to learn extension of your existing General Ledger system. At ClearMomentum, we embrace the best of Microsoft Excel technology and leverage contemporary company performance to deliver a fully integrated, intuitive budgeting solution. Requisite user training is minimal and ClearFinancials® Budgeting user proficiency is typically measured in days.

Bottoms Up

Build up projected Income Statement performance and ClearFinancials® systematically projects Balance Sheet performance based on either historic financial performance of the company or future performance incorporating user designed performance assumptions. Income Statement and Balance Sheet are then automatically reconciled monthly with a Statement of Cash Flows that ties, effectively creating a complete set of financial for ongoing financial performance assessment.

Excel Integration

Legacy, Excel based budgeting models integrate seamlessly with ClearFinancials® budgeting and planning eliminating lengthy conversion, training and implementation procedures, and enabling an abbreviated learning curve with measurable gains in efficiencies that yield an immediate ROI.

Multiple Forecasting Methodologies

Robust budgeting technology supports a variety of forecasting methodologies including Units and Rate Based forecasting, Account Correlation, and Build Up costing using Non-GL variables.

Automated, Interactive, Immediate

A comprehensive Pro-forma financial assessment auto updates with every change in the ClearFinancials® budget. Inherent ability to evaluate the impact of subtle P/L and BS changes to Cash Flows, Loan Covenants, Financial Ratios and other Key Performance Metrics in real time is ideally suited for senior level budget review and instant evaluation of an unlimited number of “what if” scenarios.