Budgeting, Planning & Forecasting

It may not be a surprise to discover that many businesses are still using spreadsheets to manage their budgeting, planning and forecasting needs. However, there are a number of inherent weaknesses that can be found with spreadsheet budgeting:

Spreadsheets don't manage the budgeting process - how do you keep track who has got what and what they have done?

No workflow or authorisation process - anyone can enter or do anything plus they are open to changes and tampering

Consolidation is normally a nightmare and can take days or weeks

It is almost impossible to have multiple models running in parallel

Everyone has at least one copy of the original budget sheet; version control is a real issue

It is easy to make logic and transposition errors

They don't allow you to budget in multiple ways, i.e. top down, bottom up or outcome based

Spreadsheets cant really be used effectively to do proper predictive planning and modelling

SunPlanning is a bespoke web-based solutions designed for the SunSystems solution. An easy-to-use application, that requires minimal management, SunPlanning can greatly simplify the budgeting process. Workflows can be automated, versions can be controlled easily and the entire budgeting process can be monitored and managed.

- Download our PDF on SunSystems budgeting & forecasting

Some of the business benefits:

Create plans and forecast to suit your business needs

Minimal training required to use the solution

Eradicate unproductive activities such as tracking down numbers and debugging macros

Quickly review and monitor workflow status - uncommitted, committed and approved

Import financial actuals to create accurate rolling forecasts

Change and alternations can be made quick and easily with SunPlanning

Through one centralised platform, SunPlanning encourages maxim participation, collaboration and ownership. Providing business with the platform to use their business drivers to improve forecast accuracy and flexibility, SunPlanning is a powerful budgeting, planning and forecasting solution.

For more information, please call our Product Advisory Team at your local office.