Collect revenue and cost plans on shared templates. Agree department budgets, check the result for the whole company and compare actuals with the plan month after month.
Sales, pricing and cost assumptions for the coming year.
Templates for planning costs by department and cost center.
Revenue and cost plan by project.
Spreading annual amounts across months, taking seasonality into account.
Unit budgets add up to the result of the whole company.
Comparing the draft with the agreed plan.
Revenue, costs and planned result in one summary.
Comparison with accounting data and variance analysis.
Working with the right scope of data in line with permissions.
Each department plans its own costs in the same layout. The controller checks the total, compares versions and can go back to items that changed during the review.
PLN · illustrative data
After the period closes, compare accounting data with the budget. In this example, operating costs in Q1 exceed the plan by PLN 150k.
Revenue PLN 200k above plan covered the higher costs. The quarter's result stayed in line with the budget. Illustrative data.
The annual budget gives departments a work plan and gives controllers a reference point for variance analysis.
Set categories, periods and planning rules shared by all departments.
Compare versions, check totals and agree the budget for the whole company.
Set accounting data against the budget by month and unit.
Bring revenue, costs and the planned result together in one report. The management board sees the budget for the whole company, and the controller can drill into individual department plans.
Data access in line with assigned permissions.
Dashboards and reports based on model data.
Project and financial data from accounting, ERP and Excel.
Updating assumptions and templates within your permissions.
Sample report layout · illustrative data
Yes. You can spread annual amounts across months, including seasonality, and compare actuals with the plan every month.
Every department plans on the same template. Unit budgets automatically add up to the budget and result of the whole company.
Yes. You save budget versions in the model and compare them by department, cost center and line item.
Yes. After the period closes, accounting data flows into the model and the report shows the differences between actuals and the budget.
Yes. Historical data and assumptions from Excel files can be the starting point for budget templates in Fincorex®.
As a proof of concept, we’ll rebuild your reporting or planning model in Fincorex® and show it to you at our next meeting.
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