Planning and budgeting using spreadsheets in most organizations results in less collaboration, more inefficiency and is error prone. NetSuite Planning and Budgeting facilitates both company-wide and departmental planning with modeling capabilities, approval workflows and reporting within one collaborative scalable solution. Sales and operationally-driven strategic plans can be linked to long-term and near-term financial plans. The solution uses a powerful calculation engine which can accommodate a wide range of business logic with fast in-memory aggregation and instant financial analysis and reporting
Key Benefits
• Reduce planning and forecasting cycle times by making it simpler to collect inputs and assumptions.
• Gain greater control and visibility over your plans, budgets and forecasts.
• Increase collaboration with business stakeholders and drive better decision-making.
• Drill across budget, forecast and actuals to see the impact on business performance.
• Improve forecast accuracy with predictive planning, allowing users to run multiple scenarios on the fly for management meetings.
Key Features
• Data Integration with NetSuite ERP.
• Flexible driver-based what-if modeling capabilities.
• Built-in financial intelligence and spreading logic.
• Built-in commentary and annotation capabilities.
• Flexible workflow and plan management capabilities.
• Robust reporting and ad-hoc analysis with formatting and charting support