Accurate budgeting is crucial to the successful management of your business. The budgeting process evaluates the business impact of economic and competitive conditions, sets goals, and allocates resources to achieve those goals. The result is a roadmap that can be adjusted as business conditions change throughout the year.
SBS Budgeting is integrated into our GL so it streamlines the budgeting process. Managers spend less time on the mechanics of budgeting and more time assessing business strategy and tactics with our budgeting software.
Our built-in budgeting saves time and improves accuracy with:
- Single-screen budgeting that allows budgeters to see all related information (summary and detail history, transactions and source documents) while working on the budget.
- The ability to see a comparative summary while budgeting. Users can view the proposed budget compared to current year forecast, actual, and/or budget, or prior years.
- Multi-line budgeting that breaks down the budget for an account into line items. Expense accounts can be budgeted by vendor or a revenue account by sales team or product line.
Budgeting season will be here before we know it. If you are dreading it, now is the time to explore the alternatives.
