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Using Profit & Loss Forecast Templates to Streamline the Forecasting Process

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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

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Using Profit & Loss Top Down Driver-based Forecasts to Streamline the Planning Process

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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

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Using KPI Simulation Dashboards to Streamline the Modelling and Forecasting Process

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Example of a KPI Simulation Dashboard to Streamline the Modelling and Forecasting Process

How can Simulation Dashboards Drive Faster and Better Decisions?

As FP&A Managers increasingly become central figures in the Modelling and Forecasting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Simulation Dashboards like the KPI Simulation Dashboard template shown below enables them and users from the Accounting and Finance teams to experience near real time simulation that help drive faster and better decisions.

Who uses KPI Simulation Dashboards and What are Some Key Analytical Features?

In today’s fast-paced business environment, FP&A Managers are under high pressure to supply end users like CFOs and analysts with timely and concise Simulation Dashboards. Companies use key features like the ones below to support their users with effective analysis that helps drive fiscal monitoring.

  • Sliders to increase or decrease the weighting of historical data in the current year estimate
  • Comparison of simulation result with three years of history
  • Charts to compare history and budget with the simulated estimate

The KPI Simulation Dashboard template can be used as a key element of the Modelling and Forecasting process:

Example of a KPI Simulation Dashboard to Streamline the Modelling and Forecasting Process

Example of a KPI Simulation Dashboard to Streamline the Modelling and Forecasting Process

The KPI Simulation Dashboard is a ready-to-use Simulation Dashboard from the Solver Marketplace

A Brief Description of the KPI Simulation Dashboard Template

Simulation Dashboards like the one seen in the image above are interactive and parameter driven and typically contain sections with simulation sliders, as well as financial KPIs with tables and graphical charts. One of the important features that aid the user in the analysis process is the ability to move any of the sliders left or right to increase or decrease the weighting of that item in the simulated KPI estimates. KPI Simulation Dashboards are often used in conjunction with profit & loss and balance budget models, financial dashboards, and financial statements.

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

/by

Using Balance Sheet Simulation Dashboards to Streamline the Modelling and Forecasting Process

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Example of a Balance Sheet Simulation Dashboard to Streamline the Modelling and Forecasting Process

How can Simulation Dashboards Drive Faster and Better Decisions?

As FP&A Managers increasingly become central figures in the Modelling and Forecasting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Simulation Dashboards like the Balance Sheet Simulation Dashboard template shown below enables them and users from the Accounting and Finance teams to experience near real time simulation that help drive faster and better decisions.

Who uses Balance Sheet Simulation Dashboards and What are Some Key Analytical Features?

In today’s fast-paced business environment, FP&A Managers are under high pressure to supply end users like CFOs and analysts with timely and concise Simulation Dashboards. Companies use key features like the ones below to support their users with effective analysis that helps drive risk control and resource maximization.

  • Sliders to increase or decrease the weighting of historical data in the current year estimate
  • Comparison of simulation result with three years of history
  • Focus on Assets and Liabilities

The Balance Sheet Simulation Dashboard template can be used as a key element of the Modelling and Forecasting process:

Example of a Balance Sheet Simulation Dashboard to Streamline the Modelling and Forecasting Process

Example of a Balance Sheet Simulation Dashboard to Streamline the Modelling and Forecasting Process

The Balance Sheet Simulation Dashboard is a ready-to-use Simulation Dashboard from the Solver Marketplace

A Brief Description of the Balance Sheet Simulation Dashboard Template

Simulation Dashboards like the one seen in the image above are interactive and parameter driven and typically contain sections with simulation sliders, as well as balance sheet KPIs with tables and graphical charts. One of the important features that aid the user in the analysis process is the ability to move any of the sliders left or right to increase or decrease the weighting of that item in the simulated asset and liability estimate. Balance Sheet Simulation Dashboards are often used in conjunction with balance sheet- and cash flow input models, cash flow dashboards, and balance sheet 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

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Using Profit Simulation Dashboards to Streamline the Modelling and Forecasting Process

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Example of a Profit Simulation Dashboard to Streamline the Modelling and Forecasting Process

How can Simulation Dashboards Drive Faster and Better Decisions?

As FP&A Managers increasingly become key advisors in the Modelling and Forecasting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Simulation Dashboards like the Profit Simulation Dashboard template shown below enables them and users from the Executive and Finance teams to experience near real time forecasting that help drive faster and better decisions.

Who uses Profit Simulation Dashboards and What are Some Key Analytical Features?

In today’s fast-paced business environment, FP&A Managers are under high pressure to supply end users like CFOs and senior leaders with timely and concise Simulation Dashboards. Companies use key features like the ones below to support their users with effective analysis that helps drive expense control and profit maximization.

  • Sliders to increase or decrease the weighting of historical data in the current year estimate
  • Comparison of simulation result with annual budget and three years of history
  • Focus on Gross Profit, EBITDA and Net Profit

The Profit Simulation Dashboard template can be used as a key element of the Modelling and Forecasting process:

Example of a Profit Simulation Dashboard to Streamline the Modelling and Forecasting Process

Example of a Profit Simulation Dashboard to Streamline the Modelling and Forecasting Process

The Profit Simulation Dashboard is a ready-to-use Simulation Dashboard from the Solver Marketplace

A Brief Description of the Profit Simulation Dashboard Template

Simulation Dashboards like the one seen in the image above are interactive and parameter driven and typically contain sections with simulation sliders, as well as profitability KPIs with related variance tables and graphical charts. One of the important features that aid the user in the analysis process is the ability to move any of the sliders left or right to increase or decrease the weighting of that item in the simulated profitability estimate. Profit Simulation Dashboards are often used in conjunction with forecast input models, sales dashboards, revenue dashboards, expense dashboards and profit & loss 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

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Using Expense Simulation Dashboards to Streamline the Modelling and Forecasting Process

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Example of an Expense Simulation Dashboard to Streamline the Modelling and Forecasting Process

How can Simulation Dashboards Drive Faster and Better Decisions?

As FP&A Managers increasingly become central figures in the Modelling and Forecasting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Simulation Dashboards like the Expense Simulation Dashboard template shown below enables them and users from accounting and other departments to experience near real time forecasting that help drive faster and better decisions.

Who uses Expense Simulation Dashboards and What are Some Key Analytical Features?

In today’s fast-paced business environment, FP&A Managers are under high pressure to supply end users like department managers and executives with timely and concise Simulation Dashboards. Companies use key features like the ones below to support their users with effective analysis that helps drive fiscal control and planning.

  • Sliders to increase or decrease the weighting of historical expense data in the current year estimate
  • Interactive expense tables by GL category and account
  • Charts to compare history and budget with the simulated estimate

The Expense Simulation Dashboard template can be used as a key element of the Modelling and Forecasting process:

Example of an Expense Simulation Dashboard to Streamline the Modelling and Forecasting Process

Example of an Expense Simulation Dashboard to Streamline the Modelling and Forecasting Process

The Expense Simulation Dashboard is a ready-to-use Simulation Dashboard from the Solver Marketplace

A Brief Description of the Expense Simulation Dashboard Template

Simulation Dashboards like the one seen in the image above are interactive and parameter driven and typically contain sections with simulation sliders, as well as comparative tables and graphical charts. One of the important features that aid the user in the analysis process is the ability to move any of the sliders left or right to increase or decrease the weighting of that item in the simulated forecast. Expense Simulation Dashboards are often used in conjunction with forecast input models, sales dashboards, expense dashboards, profit & loss 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

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Using Revenue Simulation Dashboards to Streamline the Modelling and Forecasting Process

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Example of a Revenue Simulation Dashboard to Streamline the Modelling and Forecasting Process

How can Simulation Dashboards Drive Faster and Better Decisions?

As FP&A Managers increasingly become central figures in the Modelling and Forecasting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Simulation Dashboards like the Revenue Simulation Dashboard template shown below enables them and users from the Finance team to experience near real time forecasting that help drive faster and better decisions.

Who uses Revenue Simulation Dashboards and What are Some Key Analytical Features?

In today’s fast-paced business environment, FP&A Managers are under high pressure to supply end users like CFOs and analysts with timely and concise Simulation Dashboards. Companies use key features like the ones below to support their users with effective analysis that helps drive revenue growth strategies.

  • Sliders to increase or decrease the weighting of historical data in the current year estimate
  • Interactive revenue tables by GL category and account
  • Charts to compare history and budget with the simulated estimate

The Revenue Simulation Dashboard template can be used as a key element of the Modelling and Forecasting process:

Example of a Revenue Simulation Dashboard to Streamline the Modelling and Forecasting Process

Example of a Revenue Simulation Dashboard to Streamline the Modelling and Forecasting Process

The Revenue Simulation Dashboard is a ready-to-use Simulation Dashboard from the Solver Marketplace

A Brief Description of the Revenue Simulation Dashboard Template

Simulation Dashboards like the one seen in the image above are interactive and parameter driven and typically contain sections with simulation sliders as well as comparative tables and graphical charts. One of the important features that aid the user in the analysis process is the ability to move any of the sliders left or right to increase or decrease the weighting of that item in the simulated forecast. Revenue Simulation Dashboards are often used in conjunction with forecast input models, sales dashboards, revenue dashboards, profit & loss 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

/by

Using Balance Sheet Budget Dashboards to Streamline the Planning Process

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Example of a Balance Sheet Budget Dashboard to Streamline the Planning Process

How can Budget Dashboards Drive Faster and Better Decisions?

As Budget Managers increasingly become key drivers of the Planning Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Budget Dashboards like the Balance Sheet Budget Dashboard template shown below enables them and users from the Finance team to experience near real time budget analysis that help drive faster and better decisions.

Who uses Balance Sheet Budget Dashboards 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 analysts and executives with timely and concise Budget Dashboards. Companies use key features like the ones below to support their users with effective analysis that helps drive accurate asset and liability budgets.

  • Actual year-to-date (YTD) compared to the Budget for next year
  • Asset and Liability balances by GL Account
  • Interactive charts that reflects which account in the tables the user clicks on

The Balance Sheet Budget Dashboard template can be used as a key element of the Planning process:

Example of a Balance Sheet Budget Dashboard to Streamline the Planning Process

Example of a Balance Sheet Budget Dashboard to Streamline the Planning Process

The Balance Sheet Budget Dashboard is a ready-to-use Budget Dashboard from the Solver Marketplace

A Brief Description of the Balance Sheet Budget Dashboard Template

Budget Dashboards like the one seen in the image above are interactive and parameter driven and typically contain sections with trend charts for Current Assets, Non Current Assets, Current Liabilities, Non Current Liabilities. One of the important features that aid the user in the analysis process is the ability to select the last closed period and the charts and tables will automatically display Actual YTD amounts the current year and compare these to the budget for next year. Balance Sheet Budget Dashboards are often used in conjunction with balance sheet budget input templates, cash flow dashboards and balance sheet 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

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Using Profit Margin Budget Dashboards to Streamline the Planning Process

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Example of a Profit Margin Budget Dashboard to Streamline the Planning Process

How can Budget Dashboards Drive Faster and Better Decisions?

As Budget Managers increasingly become key drivers in the Planning Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Budget Dashboards like the Profit Margin Budget Dashboard template shown below enables them and users from the executive team to experience near real time budget analysis that help drive faster and better decisions.

Who uses Profit Margin Budget Dashboards 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 board members and executives with timely and concise Budget Dashboards. Companies use key features like the ones below to support their users with effective analysis that helps drive strategically aligned budgets.

  • Actual YTD plus Forecast current year versus the Budget for next year
  • Profit metrics shown both as amounts and in percent
  • Interactive trend charts comparing current year estimate (Actual YTD + Forecast) with next year’s budget

The Profit Margin Budget Dashboard template can be used as a key element of the Planning process:

Example of a Profit Margin Budget Dashboard to Streamline the Planning Process

Example of a Profit Margin Budget Dashboard to Streamline the Planning Process

The Profit Margin Budget Dashboard is a ready-to-use Budget Dashboard from the Solver Marketplace

A Brief Description of the Profit Margin Budget Dashboard Template

Budget Dashboards like the one seen in the image above are interactive and parameter driven and typically contain sections with trend charts and KPIs for Gross Profit, EBITDA and Net Profit. 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 display profitability estimates (Actual YTD + Forecast) for the current year and compare these to the budget for next year. Profit Margin Budget Dashboards are often used in conjunction with revenue and expense budget input templates, revenue/expense 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

/by

Using Expense Budget Dashboards to Streamline the Planning Process

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Example of an Expense Budget Dashboard to Streamline the Planning Process

How can Budget Dashboards Drive Faster and Better Decisions?

As Budget Managers increasingly become key drivers of the Planning Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Budget Dashboards like the Expense Budget Dashboard template shown below enables them and users from the executive team to experience near real time budget analysis that help drive faster and better decisions.

Who uses Expense Budget Dashboards 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 department managers and executives with timely and concise Budget Dashboards. Companies use key features like the ones below to support their users with effective analysis that helps drive more accurate expense budgets and optimized resource planning.

  • Expenses for Actual YTD plus Forecast current year versus the Budget for next year
  • Expense detail by Account Category and GL Account
  • Interactive charts that reflects which row in the two tables the user clicks on

The Expense Budget Dashboard template can be used as a key element of the Planning process:

Example of an Expense Budget Dashboard to Streamline the Planning Process

Example of an Expense Budget Dashboard to Streamline 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

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