Budget Planner
In today’s rapidly changing economies, effective planning and forecasting of your sales, cost of sales and expense are cardinal for accurate financial planning and in determining the future direction of your organization. However many small and medium business owners rely on their personal instincts and raw data to make budget forecasts which often leads to erroneous conclusions regarding the future financial health of the organization.
With OTL’s Budget pack, you don’t have to struggle any more with the much-dreaded process of excel budgeting. Budget pack is a custom developed application on top of your existing accounting modules / data, keeping in mind the needs of SMEs and travel agencies. It allows the finance department to do accurate budget forecasting based on past years income and expenditure trend. The forecasting approach enables sales teams to make realistic and trusted sales projections based on last 1-2 years of sales data and market trend analysis.
How Budget Planner helps finance and sales teams?
- Helps optimize financial planning and operational budgeting process
- Enables accurate sales forecasts based on past years data and market trends
- Integrates data from both repositories and off-line spreadsheets
- Relieves staff from tedious manual analysis process and reduces chances of erroneous insights
- Custom features including provision to enter rationale and remarks
- Provides valuable insights into the future financial health of the organization
- Allows quality decision making and strategy formation based on accurate data