A Simple Solution for Better Budgeting
Financial Planner is offered as an add-on module of Viewpoint Construction Software’s financial planning tool– Financial Manager. Fully integrated with Viewpoint V6 General Ledger for simplicity and efficiency, Financial Planner provides easy-to-use tools for detailed budgeting, planning and forecasting in key areas such as Operations and Salary. Enable unlimited collaboration without sacrificing control thanks to utilization of Web technology, a secure centralized database, dynamic data entry views/templates and a multi-level workflow system.
With Financial Planner you’ll have the tools necessary for exceptional financial management that meet the needs of every area in your business.
BENEFITS:
- Reduce budgeting cycle time and eliminate spreadsheets.
- Easily manage the budget approval process with multi-level workflow routings.
- View immediate impact of a budget change on a specific account, department, division or entire organization.
- Assign flexible security roles in combination to specific users to achieve desired access while minimizing maintenance effort.
- Easily plan and forecast staffing requirements and expenditures.
Following are the features of Financial Planner that help decision makers keep their businesses optimized:
Budgeting & Planning
- Support multiple planning scenarios throughout the budget process - the number of versions is unlimited.
- Precisely control budget data for editing and analysis through the use of highly flexible views and templates.
- Ability to define selection criteria, subtotaling, filtering, ordering and the inclusion of comparative and calculated data provides users with a highly productive interface.
- Manage the budget approval process through multi-level, role-based workflow routings.
- Ability to plan and forecast for multiple future years.
- Track every change made to the budget including who made the change and when and why it was made.
- Create journal entries or balanced budget transfers, copy existing journals and reverse.
- Provide a variety of modeling tools to end-users and budget coordinators.
- Increase or decrease selected data by specified percentages or amounts.
Operations Budgeting
- Data can be allocated based on percentages or other specified drivers.
- Ability to combine or change sets of data based on defined formulas.
- Generate forecasts by combining budgets and YTD actuals.
Salary Planning
- Utilize a single data model to allow easy definition of elements such as pay cycles, union groups, benefits parameters, positions and steps/grades.
- Split individual compensation and benefit amounts among multiple departments, projects or cost centers based on a percentage, FTE or fixed dollar amount.
- Access data with the Reporting tool for the production of user-defined reports.
- The security system ensures that each user can view and/or change only authorized information.