Budget and Forecasting Module Saves Time and Provides Real-Time Results
Today, we're announcing the launch of our integrated budget and accounting system called NEW Budgeting.
With full General Ledger integration, NEW Budgeting provides a seamless budgeting process that's easy to set up and manage. "Integrating budgeting into the G/L places everything you need on one screen," said SBS President Curt Cerf.
Historical Data is a Starting Point
NEW Budgeting lets managers (security permitting) view data in summary or detail. They can attach comments, notes, and documents.
Historical data can be used as a starting point for creating a budget. Managers can run scenarios. They can see the impact in real time.
Our financials package includes BASIC budgeting capability. Still, some customers wanted a more robust budgeting and forecasting tool. We've provided that for financials. Plus, we've taken it a step further by including budgeting for wages and salaries.
The expanded offerings have created a buzz among those who have seen the online demo.
Wage and Salary Budgeting
People are excited about Wage and Salary Budgeting because it automates tedious tasks and calculations including:
- Uploading employee master files (no re-keying data)
- Automatically spreading calculation of federal and state taxes throughout the year
- Annually updating state and federal tax tables to current rates
One VP of Finance whose organization used NEW Budgeting estimated they saved … READ the full article on NEW Budgeting.
