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Direct Labor Cost by Manufacturing Process Example

What is a Report for Direct Labor Cost by Manufacturing Process?

Direct Labor Cost reports are considered important production reports and are often used by production- and plant managers to determine actual versus forecasted labor expenses for each manufacturing process. Some of the key functionality in this type of report is that it shows day rates and average utilization per team member. Figures are shown both for each month as well as year-to-date. On the top of the report, actual is compared to forecast at the plant level. You find an example of this type of report below.

Purpose of Manufacturing Process Labor Cost Reports

Manufacturing companies use Labor Cost Reports to easily get both an employee- and a plant level view of utilization and labor cost per process. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, a company can improve its labor and process analysis as well as reduce the chances that managers don’t easily see the employee expense component of a manufacturing process.

Manufacturing Process Labor Cost Report Example

Here is an example of a Direct Labor Cost by Manufacturing Process report.

Direct Labor Cost by Manufacturing Process Example

Direct Labor Cost by Manufacturing Process Example

You can find hundreds of additional examples here

Who Uses This Type of Report?

The typical users of this type of report are: CFOs, plant- and production managers.

Other Reports Often Used in Conjunction with Manufacturing Process Labor Cost Reports

Progressive Financial Planning & Analysis (FP&A) Departments sometimes use several different Manufacturing Process Labor Cost Reports, along with production dashboards, profit & loss reports and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Production Forecast for a Manufacturing Plant Example

What is a Production Forecast for a Manufacturing Plant?

Production Forecasts are considered planning models and are often used by production- and plant managers to estimate a plant’s production for the remaining months of the year. Some of the key functionality in this type of planning template is that it automatically displays actual amounts by item for the year-to-date periods. These figures are driven from price and quantity figures. Each tab in the template represents a different plant. The chart on top compares each plant side by side for actual and forecasted figures. You find an example of this type of planning template below.

Purpose of Plant Production Forecasts

Manufacturing companies use Plant Production Forecasts to get a continuous view of expected revenues from each product delivered by a plant. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, a company can improve its revenue and profit visibility as well as reduce the chances that managers make inferior decisions because they lack insight to the expected product revenue from forecasted production.

Plant Production Forecast Example

Here is an example of a Production Forecast input form by product and plant.

Production Forecast for a Manufacturing Plant Example

Production Forecast for a Manufacturing Plant Example

Production Forecast for a Manufacturing Plant ExampleYou can find hundreds of additional examples here

Who Uses This Type of Planning template?

The typical users of this type of planning template are: CFOs, plant- and production managers, budget managers.

Other Planning templates Often Used in Conjunction with Plant Production Forecasts

Progressive Financial Planning & Analysis (FP&A) Departments sometimes use several different Plant Production Forecasts, along with labor forms, capex, other operating expense forms and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Labor Forecast for a Manufacturing Plant Example

What is a Labor Forecast for a Manufacturing Plant?

Labor forecasts are considered employee expense models and are often used by plant managers and budget analysts to estimate detailed labor expenses for the remaining periods of the year. Some of the key functionality in this type of planning template is that it displays year-to-date salary expenses by employee and provides input for the remaining months of the year. Expected new employees can be added at the bottom of the form. The top portion contains charts that give an easy visual analysis of the resulting labor expense forecast. You find an example of this type of planning template below.

Purpose of Labor Forecasts

Manufacturing companies use Labor Forecasts to get a detailed estimate of expected employee expenses per plant for the year. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, a company can improve its workforce planning and profit estimates as well as reduce the chances that managers lack insight into labor expenses and related plant results.

Labor Forecast Example

Here is an example of a Labor Forecast for a manufacturing plant.

Labor Forecast for a Manufacturing Plant Example

Labor Forecast for a Manufacturing Plant Example

You can find hundreds of additional examples here

Who Uses This Type of Planning template?

The typical users of this type of planning template are: CFOs, plant managers, budget managers.

Other Planning templates Often Used in Conjunction with Labor Forecasts

Progressive Financial Planning & Analysis (FP&A) Departments sometimes use several different Labor Forecasts, along with revenue forms, capex, other operating expense forms and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Event Budgeting and Forecasting Example

What are Event Budgeting and Forecasting Tools?

Event budgeting and forecasting solutions are considered planning tools and are often used by accountants and event managers to estimate attendance, revenues and expenses related to events like games, trade shows, concerts and so on. Some of the key functionality in this type of input form is that the user can enter statistical metrics along with revenue and expense drivers for each event. This includes attendance, ticket prices, sponsorships, equipment rentals, and so on. For repeat events, the form also displays historical data to provide easy actual to budget comparison. You find an example of this type of form below.

Purpose of Event Budget and Forecast Models

Companies and organizations use Event Budget and Forecast Models to get a detailed picture of expected revenues, expenses and profit related to each specific event they put on. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, a company can improve its event profitability as well as reduce the chances that of budget overruns.

Event Budget and Forecast Model Example

Here is an example of an Event Budget and Forecast input form.

Event Budgeting and Forecasting Example

Event Budgeting and Forecasting Example

 

You can find hundreds of additional examples here

Who Uses This Type of Form?

The typical users of this type of form are: Event planners and budgeting managers.

Other Forms Often Used in Conjunction with Event Budget and Forecast Models

Progressive Financial Planning & Analysis (FP&A) Departments sometimes use several different Event Budget and Forecast Models, along with a corporate budget model and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Membership Budget for Nonprofit Organizations Example

What is a Membership Budget for Nonprofit Organizations?

Membership budget forms are considered an important component of an annual budget model and are often used by budgeting and membership managers to budget membership attrition, growth and related revenues. Some of the key functionality in this type of template is that it has input of rates and retention % per membership type. In the lower section of the form, the user enters monthly metrics like expected membership adds, dues and fees. You find an example of this type of template below.

Purpose of Membership Budget Models

Organizations use Membership Budget Models to plan for expected revenues from this area of the organization. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, a nonprofit can improve its membership-related strategies as well as reduce the chances that cash flows end up over- or under budget because of lack of detailed revenue planning.

Membership Budget Model Example

Here is an example of a Membership Budget input form.

Membership Budget for Nonprofit Organizations Example

Membership Budget for Nonprofit Organizations Example

You can find hundreds of additional examples here

Who Uses This Type of Template?

The typical users of this type of template are: Membership managers and budget managers.

Other Templates Often Used in Conjunction with Membership Budget Models

Progressive Financial Planning & Analysis (FP&A) Departments sometimes use several different Membership Budget Models, along with payroll, capex, operating expense templates and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Membership Forecast for Nonprofit Organizations Example

What is a Membership Forecast for Nonprofit Organizations?

Membership forecast forms are considered key parts of a forecast model and are often used by budgeting and membership managers to estimate revenues from membership fees in the coming months. Some of the key functionality in this type of template is that it displays actual year-to-date metrics like renewals, retention and expiration. The user then enters the forecasted figures for the remaining periods of the year. Once the user enters the membership fees, the revenues will automaticlaly calculate. After this, the user enters drivers for the related membership expenses. The end result is a full profit & loss forecast specifically for this area of the organization. You find an example of this type of template below.

Purpose of Membership Forecast Models

Nonprofit organizations use Membership Forecast Models to get a detailed picture of expected revenues and expenses related to their membership business. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, they can improve their membership-related strategies as well as reduce the chances that planners and executives oversee expected membership trends.

Membership Forecast Model Example

Here is an example of a Membership Forecast input form.

Membership Forecast for Nonprofit Organizations Example

Membership Forecast for Nonprofit Organizations Example

 

You can find hundreds of additional examples here

Who Uses This Type of Template?

The typical users of this type of template are: Membership managers and budget managers.

Other Templates Often Used in Conjunction with Membership Forecast Models

Progressive Financial Planning & Analysis (FP&A) Departments sometimes use several different Membership Forecast Models, along with a complete forecast model and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Expense Budget Assumptions for Healthcare Providers Example

What is an Expense Budget Assumptions for Healthcare Providers?

Expense Assumption input forms are considered budget drivers and are often used by budget managers to automatically calculate expenses such as for personnel and capital purchases. Some of the key functionality in this type of form is that it provides input for salary and capex drivers. Details for compensation includes tax and benefit drivers, increases for shift, overtime and other labor. Details for capex include average lifetime for various asset categories. You find an example of this type of form below.

Purpose of Expense Assumption Forms

Hospitals and clinics use Expense Assumption Forms to streamline and automate their expense budget. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, an organization can improve its expense planning process as well as reduce the chances that budgets become static and time consuming to adapt changing circumstances.

Expense Assumption Form Example

Here is an example of a Expense Budget Assumption form for a healthcare provider.

Expense Budget Assumptions for Healthcare Providers Example

Expense Budget Assumptions for Healthcare Providers Example

You can find hundreds of additional examples here

Who Uses This Type of Form?

The typical users of this type of form are: Budget Managers, analysts and CFOs.

Other Forms Often Used in Conjunction with Expense Assumption Forms

Progressive Financial Planning & Analysis (FP&A) Departments sometimes use several different Expense Assumption Forms, along with detailed budget input forms for revenue, capex, payroll and operating expenses and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Patient Revenue Budget Example

What is a Patient Revenue Budget?

Patient Revenue input forms are considered key components of a healthcare budget model and are often used by budget managers to calculate the various components that make up the expected patient revenue. Some of the key functionality in this type of form is that it provides input of items like charge units, charge rates and price increases. Based on revenue assumptions, it then calculates the total revenue amounts for areas such as inpatient and outpatient activities. You find an example of this type of form below.

Purpose of Patient Revenue Models

Hospitals and clinics use Patient Revenue Models to enable dynamic and easy-to-maintain revenue planning. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, an organization can improve its revenue planning process as well as reduce the chances that budgets become static and time consuming to adapt changing circumstances.

Patient Revenue Model Example

Here is an example of a Patient Revenue input form.

Patient Revenue Budget Example

Patient Revenue Budget Example

You can find hundreds of additional examples here

Who Uses This Type of Form?

The typical users of this type of form are: Budget Managers, analysts and CFOs.

Other Forms Often Used in Conjunction with Patient Revenue Models

Progressive Financial Planning & Analysis (FP&A) Departments sometimes use several different Patient Revenue Models, along with the rest of their budget model and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Revenue Budget Assumptions for Healthcare Providers Example

What is a Revenue Budget Assumptions Model for Healthcare Providers?

Revenue Assumption input forms are considered budget drivers and are often used by budget managers to automatically calculate revenue amounts for the healthcare provider. Some of the key functionality in this type of form is that it allows the user to enter items such as rates and estimated patient volume. Rate examples are: Inpatient, Outpatient, Commercial, Medicare and Medicaid. You find an example of this type of form below.

Purpose of Revenue Assumption Forms

Hospitals and clinics use Revenue Assumption Forms to streamline and automate their revenue budget. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, an organization can improve its revenue planning process as well as reduce the chances that budgets become static and time consuming to adapt changing circumstances.

Revenue Assumption Form Example

Here is an example of a Revenue Budget Assumption form for a healthcare provider.

Revenue Budget Assumptions for Healthcare Providers Example

Revenue Budget Assumptions for Healthcare Providers Example

You can find hundreds of additional examples here

Who Uses This Type of Form?

The typical users of this type of form are: Budget Managers, analysts and CFOs.

Other Forms Often Used in Conjunction with Revenue Assumption Forms

Progressive Financial Planning & Analysis (FP&A) Departments sometimes use several different Revenue Assumption Forms, along with the rest of their budget model and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples

Payroll Budget Model for Government Entities Example

What is a Payroll Budget Model for Government Entities?

Payroll Budget forms are considered workforce planning models and are often used by HR and budget managers to plan expected payroll and benefit related expenses as part of the annual budget. Some of the key functionality in this type of budget template is that it is used both for existing staff and planned hires. Most of the budget expenses are calculated automatically based on drivers from an assumption form. This includes salary, merit increases, healthcare benefits and other items. Information can be captured by department and fund. You find an example of this type of budget template below.

Purpose of Payroll Budget Input Forms

State and local government organizations use Payroll Budget Input Forms to easily capture and calculate all employee compensation related expenses. When used as part of good business practices in a Budgeting and Planning department, a public sector institution can improve its budget process as well as reduce the chances that there are calculation mistakes in the budget or that it is too time consuming for users to enter data.

Payroll Budget Input Form Example

Here is an example of a Government Payroll Budget input template with salaries, headcount, benefit and other detail.

Payroll Budget Model for Government Entities Example

Payroll Budget Model for Government Entities Example

You can find hundreds of additional examples here

Who Uses This Type of Budget template?

The typical users of this type of budget template are: Budget Managers, HR managers, department heads.

Other Budget templates Often Used in Conjunction with Payroll Budget Input Forms

Progressive Budgeting and Planning Departments sometimes use several different Payroll Budget Input Forms, along with payroll assumptions, revenue and operating expense models and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples