Microsoft Forecaster is the fast and affordable budgeting and planning application that can help organizations take control of their finances, contain costs, and prevent fiscal surprises. Equipped with Microsoft Forecaster, companies can budget and plan for the future more efficiently and accurately.
Microsoft Forecaster works with a variety of general ledgers—including Microsoft Dynamics products—to automate and simplify the budgeting and planning process. In addition, this intuitive budgeting software looks like and integrates with the productivity software your people already use, making the budgeting and planning process accessible to more key players in your organization.
With Microsoft Forecaster, front-line managers can build budgets that are based on their specific objectives and first-hand knowledge of market conditions. The result is improved accuracy and a higher level of commitment to the budget. And as the business climate changes, managers can respond more effectively by adjusting forecasts and budgets.
Keep business performance on target
Microsoft Forecaster helps organizations meet their goals by streamlining many of the tasks that comprise the budgeting process - create individual budgets, change the budget model, consolidate budgets as well as collaborate with interrelated departments. This streamlining of tasks helps give you more time to construct a thoughtful budget that is based on valid data and assumptions. So your budget is more predictive of the future. As a result, you can provide a higher quality budget with goals that are realistic and more achievable.
Budget and control expenses more effectively
By accessing up-to-date and historical information from your organization's general ledger and financial reports, you can budget and plan with accuracy. This helps managers and budget analysts save valuable time. Your organization can shorten its budget time cycle, reduce printing and mailing costs, and create valid, accurate budgets that tie directly to your strategic plans–helping you reach business goals.
Automate data summary
The Rollups feature helps you reorganize your company's chart of accounts more efficiently. View the parent-child relationships within your data that control how your posting data is summarized and create rollups for accounts, cost centers, or whatever accounting entities you choose. Just define your rollups by using the intuitive drag-and-drop interface, and then run a simple restate function to consolidate your data.
Increase confidence in your data
Help reduce duplicate entries and the potential for error. Microsoft Forecaster helps managers readily make changes to their cost centers. They can enter data directly into accounts, or use copy/grow functions, calculated accounts, or spreadback methods. Microsoft Forecaster helps improve numeric accuracy and provide immediate access to reports based on those numbers. If any problems arise or adjustments are required, changes can be made immediately. By entering a change based on numbers or percentages, budget administrators can make an adjustment that ripples through the entire plan. As a result, budgets can be completed quickly, which allows you to create more versions, if necessary.
For more information about Microsoft Forecaster, click here to visit the Microsoft site or contact us today.