SunPlanning is a bespoke web-based solutions designed for the SunSystems solution. An easy-to-use application, that requires minimal management, SunPlanning can greatly simplify the budgeting process. Workflows can be automated, versions can be controlled easily and the entire budgeting process can be monitored and managed. Benefits of implementing SunPlanning include:
- Create plans and forecast to suit your business needs
- Minimal training required to use the solution
- Eradicate unproductive activities such as tracking down numbers and debugging macros
- Quickly review and monitor workflow status - uncommitted, committed and approved
- Import financial actuals to create accurate rolling forecasts
- Change and alternations can be made quick and easily with SunPlanning
It may not be a surprise to discover that many businesses are still using spreadsheets to manage their budgeting, planning and forecasting needs. However, there are a number of inherent weaknesses that can be found with spreadsheet budgeting:
- Spreadsheets don't manage the budgeting process - how do you keep track who has got what and what they have done?
- No workflow or authorisation process - anyone can enter or do anything plus they are open to changes and tampering
- Consolidation is normally a nightmare and can take days or weeks
- It is almost impossible to have multiple models running in parallel
- Everyone has at least one copy of the original budget sheet; version control is a real issue
- It is easy to make logic and transposition errors
- They don't allow you to budget in multiple ways, i.e. top down, bottom up or outcome based
- Spreadsheets cant really be used effectively to do proper predictive planning and modelling
No comments:
Post a Comment