Tag: PBCS

Welcome to an overview of NetSuite Planning and Budgeting Cloud. In this post, we’ll show you how to access the environment and walk through the general features and benefits of the Planning and Budgeting Cloud (NSPB/PBCS). Accessing the Environment 1.  Login to your PBCS environment using your credentials. 2. Click on the environment/identity domain you’d… Continue reading Overview of NetSuite Planning and Budgeting Cloud

Generally, businesses use spreadsheets for financial calculations and budgeting. But these are not proper tools because of their labour-intensiveness and time-taking efforts. NetSuite planning and budgeting platform can solve the problems faced in using spreadsheets.   Error-prone Data The chances of error are high when you manually enter data in spreadsheets or copy-paste from one sheet… Continue reading Challenges that NetSuite planning and budgeting solution overcomes

Every business has set goals to achieve, including operational and financial objectives. Achieving these goals and objectives is possible only with proper financial planning. Financial planning involves managing your money to avoid financial roadblocks in the journey of achieving business goals.   Financial planning and budgeting are primarily essential to develop investors’ interests in your business… Continue reading Need for NetSuite Planning and Budgeting Solution

NetSuite planning and budgeting platform has the following features and functionalities: 1. Budgeting and Forecasting in NetSuite Creating budgets is easier in the NetSuite budgeting solution. You don’t need to feed or transfer data from one sheet to another. The software has templates and pre-built reports, making it easier for you to prepare and compare budgets.   The… Continue reading Features and Functionalities of NetSuite Planning and Budgeting

Because budgeting is such a large and important part of business operations, failing to do so correctly can have negative results, including: Not having an emergency fund An inability to expand operations or expand into a new market Not being able to secure investment dollars Potentially shutting down the company because it can not get… Continue reading Risks of not budgeting

An effective budget should give a business the tools to track how the company is doing financially so it can plan for both short- and long-term expenses for everything from new hires to the cost of expanding operations. It can also give a company the ability to share its process and budget with a governing… Continue reading NetSuite Planning and Budgeting Benefits