FRx Forecaster

t Involve the right people in a collaborative, automated budgeting process, and understand the impact of budget decisions on interrelated departments

t  Automatically Perform complex consolidations and roll-ups with ease

t Feel confident that the final numbers are accurate, accommodate last minute adjustments, and improve financial decision making

t Keep business performance on target with accurate plans predictive of the future

t Make budgeting and planning an ongoing part of your business strategy

Involve the right people in a collaborative, automated budgeting process, and understand the impact of budget decisions on interrelated departments

Involve the right people in Forecaster's collaborative capabilities save time and help improve the quality of the final budget, making it more realistic and accurate. Users can collaborate using features such as automatic email notification of upcoming deadlines and a centralized bulletin board where goals, objectives, business tactics and instructions are posted for enterprise-wide access. Through the use of memos, notes and attachments, managers can understand the rationale behind important numbers and assumptions made by other departmental managers, reducing or eliminating time spent in meetings. What's more, Forecaster lets department managers interact with each other to insure their budgets complement each other's. For example, if a department budgets for a new program that impacts other departments, all budgets can reflect the impact of the new program.

Automatically Perform complex consolidations and roll-ups with ease

Automate complex calculations With the Rollups feature in Forecaster, reorganizing your company's chart of accounts is easy. Rollups are parent-child relationships that control how your posting data summarizes. You can create Rollups for Accounts, Cost Centers -- or whatever accounting entities you choose to use in your application. Just define your Rollups using the intuitive drag-and-drop interface, then run a simple Restate function to consolidate your data.

Feel confident that the final numbers are accurate, accommodate last minute adjustments, and improve financial decision making

Feel confident about your numbers Forecaster makes it easy for managers to input their own numbers, eliminating the duplicate entry or potential for errors. Managers can readily make changes to their cost centers by entering data directly to accounts or by using copy/grow functions, calculated accounts, or spread back methods. In addition to improving the accuracy of the numbers, Forecaster improves the quality of the numbers because totals and consolidated numbers are available for reporting as soon as they are input. If there are any problems or any adjustments required, they can be performed immediately by those who understand the numbers. What's more, by simply entering a dollar or percentage change, your budget administrator can make an adjustment that will ripple through the entire plan. As a result, budgets get completed more quickly, allowing for more iterations if necessary.

Keep business performance on target with accurate plans predictive of the future

Keep business performance on target Forecaster streamlines many of the tasks that comprise the budgeting process, including individual creation of budgets, changing the budget model, budget consolidations, and reporting and collaborating with interrelated departments to improve the chances of achieving your goals. This streamlining of tasks gives you more time to construct a thoughtful budget that is based on valid data and assumption, and therefore more predictive of the future. The result is a higher quality budget with goals that are realistic and more achievable.

Make budgeting and planning an ongoing part of your business strategy

Budget and plan on an ongoing basis With Forecaster, budgeting and planning is time well-spent. Accessing up-to-date and historical information from your general ledger and your financial reports, users can budget and plan with greater precision. This means a time savings for end users and the budget analyst, a shortened budget time cycle, a reduction in printing and mailing costs, and valid, predictive budgets that tie directly to your strategic plans and help your organization reach its goals.

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