The Expense Budget Dashboard template can be used as a key element of the Planning process:
The Expense Budget Dashboard is a ready-to-use Budget Dashboard from the Solver Marketplace A Brief Description of the Expense Budget Dashboard Template Budget Dashboards like the one seen in the image above are interactive and parameter driven and typically contain sections with expense trend and comparative charts as well as variance reports. One of the important features that aid the user in the analysis process is the ability to select the last closed period and the entire dashboard will automatically create and display an estimate (Actual YTD + Forecast) for the current year and compare it to the budget for next year. Expense Budget Dashboards are often used in conjunction with budget input templates, revenue budget dashboards and profit & loss budget reports. Data Integration to Transaction Systems Most organizations these days want automated and streamlined planning, reporting and analysis. However, many of the benefits described earlier rely on best of breed Corporate Performance Management (CPM) tools and/or Business Intelligence (BI) capabilities as well as data marts or data warehouses that use pre-built integrations to the organization’s ERP system. Oftentimes, they also need integrations to other key data sources like CRM, subscription systems, payroll tools, etc. Modern, cloud-based ERPs like Microsoft Dynamics 365 Finance (D365 Finance), Microsoft Dynamics 365 Business Central (D365 BC), Sage Intacct, Acumatica, Netsuite and SAP have robust APIs which allow for dynamic integrations to CPM and BI tools that are fully automated and flexible to run on a schedule or on-demand. Additional Resources to Aid with Research of Templates, CPM and BI Tools
