Posts

Example of a Gross Margin Analysis Report with Monthly Variances and Trends to Streamline the Monthly Reporting Process

How can Profitability Analysis Drive Faster and Better Decisions?

As CFOs increasingly become key advisors in the Monthly Reporting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Profitability Analysis tools like the Gross Margin Analysis Report shown below enables them and users from the FP&A teams and executives to experience near real time insight to profitability with drill down to the underlying revenue and costs of sales metrics that help drive faster and better decisions.

Who uses Gross Margin Analysis Reports with Monthly Variances and Trends and What are Some Key Analytical Features?

In today’s fast-paced business environment, CFOs are under high pressure to supply end users like executives and financial analysts with timely and concise Profitability Analysis. Companies use key features like the ones below to support their users with effective updates that helps drive better expense control and improved profitability:

  • Monthly, year-to-date and full year gross margin figures with traffic lights to highlight variances
  • Charts to easily compare current year to budget and last year financials
  • Report to analyze variances by drilling down to GL accounts and transaction detail

The Gross Margin Analysis with Monthly Variances and Trends template can be used as a key element of the Monthly Reporting process:

Example of a Gross Margin Analysis Report with Monthly Variances and Trends to Streamline the Monthly Reporting Process

Example of a Gross Margin Analysis Report with Monthly Variances and Trends to Streamline the Monthly Reporting Process

The Gross Margin Analysis with Monthly Variances and Trends Report is a ready-to-use Profitability Analysis template from the Solver Marketplace.

A Brief Description of the Gross Margin Analysis with Monthly Variances and Trends Template

Profitability Analysis templates like the one seen in the image above are interactive and parameter driven and typically contain sections with graphical charts and indicators as well as formatted report views. One of the important features that aid the user in the analysis process is the ability to get a powerful combination of summary Gross Margin metrics, traffic lights to highlight variances and charts to display trends. Gross Margin Analysis Reports are often used in conjunction with profit & loss reports, variance and trend reports, gross margin dashboards, KPI dashboards, budget and forecast input forms.

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

Example of a Revenue Analysis Report with Quarterly Actual and Budget Comparison to Streamline the Quarterly Reporting Process

How can Quarterly Revenue Analysis Drive Faster and Better Decisions?

As CFOs increasingly become key innovators in the Quarterly Reporting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Revenue Analysis like the Revenue Analysis with Quarterly Actual and Budget Comparison template shown below enables them and users from the FP&A teams and the board to experience near real time quarterly actual and budget variance- and trend analysis that help drive faster and better decisions.

Who uses Revenue Analysis with Quarterly Actual and Budget Comparisons and What are Some Key Analytical Features?

In today’s fast-paced business environment, CFOs are under high pressure to supply end users like executives and board members with timely and concise Revenue Analysis. Companies use key features like the ones below to support their users with effective reports and dashboards that helps drive better revenue insights and faster decisions:

  • Quarterly revenue figures with variances to budget and last year actuals
  • Detailed account level report with drill-down to underlying GL transactions
  • Quarterly trend and variance charts comparing actual current year with budget and last year figures

The Revenue Analysis with Quarterly Actual and Budget Comparison template can be used as a key element of the Quarterly Reporting process:

Example of a Revenue Analysis Report with Quarterly Actual and Budget Comparison to Streamline the Quarterly Reporting Process

Example of a Revenue Analysis Report with Quarterly Actual and Budget Comparison to Streamline the Quarterly Reporting Process

(screenshot picture name for Google) ->  The Revenue Analysis with Quarterly Actual and Budget Comparison Report is a ready-to-use Revenue Analysis template from the Solver Marketplace.

A Brief Description of the Revenue Analysis with Quarterly Actual and Budget Comparison Template

Revenue Analysis reports like the one seen in the image above are interactive and parameter driven and typically contain sections with charts, variances with indicators, revenue summary and account-level detail. One of the important features that aid the user in the analysis process is the powerful combination of summary metrics with traffic lights to highlight variances and charts to easily discover trends. Revenue Analysis with Quarterly Actual and Budget Comparisons are often used in conjunction with profit & loss reports, monthly revenue and sales dashboards, sales reports, and revenue budget input forms.

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

Example of a Revenue Report with Monthly Actual and Budget Comparison to Streamline the Monthly Reporting and Analysis Process

How can Graphical Revenue Analysis Drive Faster and Better Decisions?

As CFOs increasingly become key innovators in the Monthly Reporting and Analysis Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using graphical reports like the Revenue Analysis with Monthly Actual and Budget Comparison template shown below enables them and users from the FP&A teams and the board to experience near real time monthly variance- and trend analysis that help drive faster and better decisions.

Who uses Revenue Analysis Reports with Monthly Actual and Budget Comparisons and What are Some Key Analytical Features?

In today’s fast-paced business environment, CFOs are under high pressure to supply end users like executives and board members with timely and concise Revenue Analysis. Companies use key features like the ones below to support their users with effective reports that help drive better revenue analysis and faster decisions:

  • Monthly and YTD revenue totals with variances to budget and last year actuals with drill-down to account level detail in the report section at the bottom
  • Automatically calculated full year revenue estimate
  • Monthly trend and variance charts comparing actual current year with budget and last year figures

The Revenue Analysis with Monthly Actual and Budget Comparison template can be used as a key element of the Monthly Reporting process:

Example of a Revenue Report with Monthly Actual and Budget Comparison to Streamline the Monthly Reporting and Analysis Process

Example of a Revenue Report with Monthly Actual and Budget Comparison to Streamline the Monthly Reporting and Analysis Process

(screenshot picture name for Google) ->  The Revenue Analysis with Monthly Actual and Budget Comparison report is a ready-to-use template from the Solver Marketplace.

A Brief Description of the Revenue Analysis with Monthly Actual and Budget Comparison Template

Revenue Analysis Reports like the one seen in the image above are interactive and parameter driven and typically contain sections with charts, variances with traffic light, revenue summary and account-level detail. One of the important features that aid the user in the analysis process is the ability to get a powerful combination of summary metrics with traffic lights to highlight variances and charts to easily discover trends. Revenue reports with Monthly Actual and Budget Comparisons are often used in conjunction with profit & loss reports, revenue and sales dashboards, sales reports, and revenue budget input forms.

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

Example of a Revenue and Expense Budget Input Form to Streamline the Annual Budget Input Form

How can Budget Input Forms Drive Faster and Better Decisions?

As Budget Managers increasingly become key advisors in the Annual Budgeting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Budget Input Templates like the P&L Budget Input Form shown below enables them and users from the finance and leadership teams to experience near real time budgeting that help drive faster and better decisions.

Who uses P&L Budget Input Forms and What are Some Key Analytical Features?

In today’s fast-paced business environment, Budget Managers are under high pressure to supply end users like executives and department heads with timely and concise Budgets. Companies use key features like the ones below to support their users with effective analysis that helps drive faster and more accurate financial planning:

  • Automatic presentation of last year and current year-to-date actuals as part of input forms
  • Easy web-based budget data entry (see green input cells in example)
  • Immediate display of variances between current and last year budgets and option to add variance to current year actuals

The P&L Budget Input Form template can be used as a key element of the Annual Budgeting process:

Example of a P&L Budget Input Form to Streamline the Annual Budgeting Process

Example of a P&L Budget Input Form to Streamline the Annual Budgeting Process

The P&L Budget Input Form is a ready-to-use Budget Input Form from the Solver Marketplace.

A Brief Description of the P&L Budget Input Template

Budget Input Forms like the one seen in the image above are interactive and parameter driven and typically contain sections with historical actuals and budgets as well as an input section. One of the important features that aid the user in the budget process is the ability to perform real time budgeting with immediate use of associated budget reports and dashboards to analyze final budget. P&L Budget Input Forms are often used in conjunction with top-down forecast and annual budget templates, payroll and capex input forms, P&L, balance sheet and and cash flow reports, and budget/forecast analysis dashboards.

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

Example of a Profit & Loss Forecast Input Template to Streamline the Forecasting Process

How can Automated Forecast Input Forms Drive Faster and Better Decisions?

As Budget Managers increasingly become key advisors in the Forecasting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Forecast Input Forms like the Profit & Loss Forecast Template shown below enables them and users from the leadership teams to experience near real time forecasts and estimates that help drive faster and better decisions.

Who uses Profit & Loss Forecast Templates and What are Some Key Analytical Features?

In today’s fast-paced business environment, Budget Managers are under high pressure to supply end users like executives and department managers with timely and concise Forecasts. Companies use key features like the ones below to support their users with effective analysis that helps drive faster and better decisions:

  • Automatic annualization of the current year actuals to provide guidelines for the forecast
  • Easy comparison to the annual budget with variance analysis
  • Option to reforecast every month or a few times a year and store each version to a separate forecast

The Profit & Loss Forecast Template can be used as a key element of the Forecasting process:

Example of a Profit & Loss Forecast Input Template to Streamline the Forecasting Process

Example of a Profit & Loss Forecast Input Template to Streamline the Forecasting Process

The Profit & Loss Forecast Template is a ready-to-use Forecast Input Form from the Solver Marketplace.

A Brief Description of the Profit & Loss Forecast Template

Forecast Input Forms like the one seen in the image above are interactive and parameter driven and typically contain sections with revenues and expenses and with full security and professional formatting. One of the important features that aid the user in the analysis process is the ability to support a larger number of users with a web-based, parameter driven input form(s) accessible from any browser. Profit & Loss Forecast Templates are often used in conjunction with top-down forecast and annual budget templates, payroll and capex input forms, P&L-, balance sheet- and and cash flow reports, and budget/forecast analysis dashboards.

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

Example of a Profit & Loss Top Down Driver-based Forecast Template to Streamline the Planning Process

How can Forecast Input Forms Drive Faster and Better Decisions?

As Budget Managers increasingly become innovators in the Planning Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive forecast input forms like the Profit & Loss Top Down Driver-based Forecast Template shown below enables them and users from the leadership teams to experience near real time planning that help drive faster and better decisions.

Who uses Profit & Loss Top Down Driver-based Forecasts and What are Some Key Analytical Features?

In today’s fast-paced business environment, Budget Manager are under high pressure to supply end users like executives with timely and concise forecasts, often on a quarterly or monthly basis. Companies use key features like the ones below to support their users with effective analysis that helps drive more informed and quicker decisions:

  • Input of drivers like Target Net Income and adjustments that automatically generate forecast figures for the remaining periods of the year
  • Conveniently available actual year-to-date figures with automated annualization
  • Expandable (seen collapsed in the image below) columns and rows to view individual periods and GL accounts

The Profit & Loss Top Down Driver-based Forecast template can be used as a key element of the Planning process:

Example of a Profit & Loss Top Down Driver-based Forecast Template to Streamline the Planning Process

Example of a Profit & Loss Top Down Driver-based Forecast Template to Streamline the Planning Process

The Profit & Loss Top Down Driver-based Forecast is a ready-to-use forecast input form from the Solver Marketplace.

A Brief Description of the Profit & Loss Top Down Driver-based Forecast Template

Forecast input forms like the one seen in the image above are interactive and parameter driven and typically contain sections with revenues, expenses, sub-totals and totals. One of the important features that aid the user in the analysis process is the ability to automatically generate monthly forecast figures. Profit & Loss Top Down Driver-based Forecasts are often used in conjunction with bottom-up forecast- and annual budget templates, P&L reports, balance sheets, cash flow reports, and budget/forecast analysis dashboards.

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

Example of a P&L Consolidation Report with Breakdown by Company to Streamline the Monthly Consolidation and Reporting Process

How can Financial Statements Drive Faster and Better Decisions?

As Corporate Controllers increasingly become key advisors in the Monthly Consolidation and Reporting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Financial Statements like the P&L Consolidation Report with Breakdown by Company template shown below enables them and users from the parent company management teams to experience near real time consolidated and individual company P&Ls that help drive faster and better decisions.

Who uses P&L Consolidation Reports with Breakdown by Company and What are Some Key Analytical Features?

In today’s fast-paced business environment, Corporate Controllers are under high pressure to supply end users like executives and finance managers with timely and concise Financial Statements. Companies use key features like the ones below to support their users with effective analysis that helps drive better and faster corporate headquarter decisions:

  • The first page shows the Consolidated Profit & Loss Variance report layout
  • All subsidiaries selected in the report filter will automatically be displayed on individual tabs in the same report book
  • Period, company and other filters dynamically drive the dashboard

The P&L Consolidation Report with Breakdown by Company template can be used as a key element of the Monthly Consolidation and Reporting process:

Example of a P&L Consolidation Report with Breakdown by Company to Streamline the Monthly Consolidation and Reporting Process

Example of a P&L Consolidation Report with Breakdown by Company to Streamline the Monthly Consolidation and Reporting Process

The P&L Consolidation Report with Breakdown by Company is a ready-to-use Financial Statement from the Solver Marketplace.

A Brief Description of the P&L Consolidation Report with Breakdown by Company Template

Financial Statements like the one seen in the image above are interactive and parameter driven and typically contain sections with professional P&L variance report layout and automated consolidation. One of the important features that aid the user in the analysis process is the ability to easily analyze the dynamically generated report book because of the consolidated version of the report on the first page and then the same report listed per subsidiary on the subsequent pages. P&L Consolidation Reports with Breakdown by Company are often used in conjunction with consolidating balance sheet reports, profit & loss consolidating report, KPI dashboards, and revenue and expense budget models.

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

Example of a P&L Summary Report with Monthly and by Quarterly Detail to Streamline the Monthly Reporting Process

How can Financial Statements Drive Faster and Better Decisions?

As CFOs increasingly become key advisors in the Monthly Reporting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Financial Statements like the P&L Summary Report with Monthly and by Quarterly Detail template shown below enables them and users from the board and executive teams to analyze near real time monthly , quarterly and year-to-date revenues and expenses that help drive faster and better decisions.

Who uses P&L Summary Report with Monthly and by Quarterly Details and What are Some Key Analytical Features?

In today‚Äôs fast-paced business environment, CFOs are under high pressure to supply end users like corporate leaders with timely and concise Financial Statements. Companies use key features like the ones below to support their users with effective analysis that helps drive better view of the company’s performance over time:

  • Expandable year-to-date (YTD) column to view individual months
  • Expandable revenue and COGS rows to see account level detail and drill-down
  • Monthly variance analysis in amount and percent, and with indicators

The P&L Summary Report with Monthly and by Quarterly Detail template can be used as a key element of the Monthly Reporting process:

Example of a P&L Summary Report with Monthly and by Quarterly Detail to Streamline the Monthly Reporting Process

Example of a P&L Summary Report with Monthly and by Quarterly Detail to Streamline the Monthly Reporting Process

The P&L Summary Report with Monthly and by Quarterly Detail is a ready-to-use Financial Statement from the Solver Marketplace.

A Brief Description of the P&L Summary Report with Monthly and by Quarterly Detail Template

Financial Statements like the one seen in the image above are interactive and parameter driven and typically contain sections with monthly, quarterly and YTD views of revenues, expenses, margins and profits. One of the important features that aid the user in the analysis process is the ability to easy, compressed view of essential P&L information. P&L Summary Reports with Monthly and by Quarterly Details are often used in conjunction with profit & loss variance reports, balance sheets, cash flow statements, forecast input models and KPI dashboards.

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

Example of a Rolling 13 Month P&L Trend Report to Streamline the Monthly Reporting Process

How can Financial Statements Drive Faster and Better Decisions?

As CFOs increasingly become key advisors in the Monthly Reporting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Financial Statements like the Rolling 13 Month P&L Trend Report template shown below enables them and users from the leadership teams to experience near real time trend analysis for revenues, expenses and margins that help drive faster and better decisions.

Who uses Rolling 13 Month P&L Trend Reports and What are Some Key Analytical Features?

In today’s fast-paced business environment, CFOs are under high pressure to supply end users like CFOs and executive leaders with timely and concise Financial Statements. Companies use key features like the ones below to support their users with effective analysis that helps drive better decisions based on continuous trend data:

  • Dynamically created columns with 13 months of history based on the current month
  • Expandable rows (to drill to GL account and below)
  • Period and company filters that dynamically drives the report content

The Rolling 13 Month P&L Trend Report template can be used as a key element of the Monthly Reporting process:

Example of a Rolling 13 Month P&L Trend Report to Streamline the Monthly Reporting Process

Example of a Rolling 13 Month P&L Trend Report to Streamline the Monthly Reporting Process

The Rolling 13 Month P&L Trend Report is a ready-to-use Financial Statement from the Solver Marketplace.

A Brief Description of the Rolling 13 Month P&L Trend Report Template

Financial Statements like the one seen in the image above are interactive and parameter driven and typically contain sections with advanced Profit & Loss row layout and 13 historical columns with a total. One of the important features that aid the user in the analysis process is the ability to do on-the-fly trend analysis without being locked into a calendar or fiscal year. Rolling 13 Month P&L Trend Reports are often used in conjunction with profit & loss variance reports, balance sheets trends reports, forecast input models and trend dashboards.

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

Example of a P&L Report with Forecast and Budget to Streamline the Monthly Reporting Process

How can Financial Statements Drive Faster and Better Decisions?

As CFOs increasingly become key advisors in the Monthly Reporting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Financial Statements like the P&L Report with Forecast and Budget template shown below enables them and users from the leadership teams to experience near real time variance analysis comparing a full year forecast to the original budget that help drive faster and better decisions.

Who uses P&L Reports with Forecasts and Budgets and What are Some Key Analytical Features?

In today’s fast-paced business environment, CFOs are under high pressure to supply end users like budget managers and executive leaders with timely and concise Financial Statements. Companies use key features like the ones below to support their users with effective analysis that helps drive better investment and cost control decisions:

  • Variance information showing the difference between the original budget and the full year forecast
  • Dynamic full year estimate with Actual data up to the current month and the Forecast for remaining months
  • Expandable rows (to drill to GL account and below) and columns (to see summary or individual months)

The P&L Report with Forecast and Budget template can be used as a key element of the Monthly Reporting process:

Example of a P&L Report with Forecast and Budget to Streamline the Monthly Reporting Process

Example of a P&L Report with Forecast and Budget to Streamline the Monthly Reporting Process

The P&L Report with Forecast and Budget is a ready-to-use Financial Statement from the Solver Marketplace.

A Brief Description of the P&L Report with Forecast and Budget Template

Financial Statements like the one seen in the image above are interactive and parameter driven and typically contain sections with professional Profit & Loss row layout with actual, forecast and budget columns (summary and monthly) as well as variances. One of the important features that aid the user in the analysis process is the ability to automatically generate and analyze how well the company is likely to perform for the full year as well as compared to the original budget. P&L Reports with Forecasts and Budgets are often used in conjunction with profit & loss variance reports, balance sheets, cash flow statements, forecast input models and KPI dashboards.

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