Trouble sleeping at night? Get the right budgeting tools!
Wednesday, May 01, 2013
For years, finance professionals have struggled with creating budgets within Excel
models. So much time is spent emailing files back and forth as revisions occur,
and formulas break when department managers start making format changes to templates
created by the finance team. Wouldn’t it be wonderful if there was a way to have
a single version of the truth that rolls up the budget to the corporate level in
an instant? That day has arrived! Adaptive Planning is a financial planning and
forecasting product that provides many of these benefits. Because it is a cloud
based subscription product, it allows for ease of access by department managers
in many different locations to work on their portions of the budget, while still
allowing the finance team to manage work flow, maintain the security of formulas
in the budget model, and roll-up budget submissions in an instant. In addition
it allows for the ability to create “what-if” scenarios to see how certain variables
impact the bottom line. Adaptive Planning integrates with many ERP products including
Sage 100 (MAS90/MAS200) and Intacct.