Budgeting & Planning

Plan smarter. Manage better. Act faster.

Boost your Budgeting & Planning with robust workflow, scenarios, step-down allocations, to react promptly on business challenges. Now more than ever companies need a clear picture of their business’s financial situation.

Our Budgeting & Planning solution helps you save time, improve operational efficiency and elevate performance with all your data and processes in one trusted source, collaboration tools that let you work anywhere, and doesn’t depend on IT.

When a black swan event hits, organizations of any size or industry must continuously update their projections. Organizations must account for the impact of actual performance-to-date and estimate the best performance for the days to come. It is fundamental to rely on easy-to-use forecasting engines and models. That allows you to quickly combine actuals and budgets into a brand-new scenario — potentially even multiple times a week.

3 must-have tools in turbolent times

Forecating

Cash Flow Planning

Cash management is without a doubt a must-have that companies must-have under control if they are to be sustainable in the short and long term. During the time of changes and turbulence, budgets and plans need to be updated, and the cash views need to be analyzed. This must be done accurately and consistently, to ensure the right decisions are taken.
Planning

Scenario Modeling

Process of evaluating possible events that could take place in the future or react to past unexpected events by considering various feasible results or outcomes.
Budgeting

Profitability Optimisation

The process of including full revenue and costs, both direct and indirect into analysis to better understand operating margin or profit at a granular level. By relying on allocation capabilities that allow you to distribute indirect costs to services, products, or customers accurately, you can understand the real profitability of individual segments and decide which ones to maximize or temporarily pause.

Key benefits of the software solution

Connect all your plans in a single solution

Connect all your strategic, operational, financial and departmental plans in a single solution.

Built-in financial intelligence

Use built-in financial intelligence to address the simplest and most complex planning requirements.

Improve data governance

Get full data and process traceability when all your processes and data are connected and aligned.

Better predict costs

Get more accurate forecasts with predictive planning and forecasting.

Technology

Wolters Kluwer

In its 2020 Magic Quadrant for Cloud Financial Planning & Analysis Solutions, Garter recognised Wolters Kluwer’s CCH Tagetik as a field leader.

Explore other resources

Budgeting, Planning and Forecasting Tips (BP&F)

Budgeting, planning and forecasting (BP&F) is a strategic planning method for establishing and describing an organisation’s financial objectives. A su...

read more

Profitability Optimization

As with money, costs must be kept under control at these uncertain times. If you rely on attribution capabilities that allow you to accurately divide ...

read more

Ready for the next step?

Our team of experts is here to answer your questions and discuss how we can boost your operational efficiency by merging rich tradition with a progressive mindset.