Spreadsheet-based financial consolidation is not just error-prone, frustrating, and slow; it's obsolete. Instead of chasing dead links and busted macros, the Budget Maestro consolidation process keeps you focused on results, no matter how many entities, locations or products you may have.
When you create your budget in Budget Maestro, you simply create "views" that reflect the structure of your business. Views roll-up naturally in a tree structure that you define, and can easily change as the business evolves.
You can make as many roll-ups as you need – by account, entity or activity. For example, you may have an entity view that trees down into companies, then departments, programs, projects, services, etc.
Make a change in one view and it flows through the entire tree. There's no need to verify whether a last-minute update in one department's spreadsheet, a merger, or other change has been incorporated in the overall budget.
Budget Maestro financial consolidation software allows you to:
Budget Maestro reports take the financial pulse of your business at any point in time. The system provides an extensive library of ready-to-use reports, as well as customizable reports to meet your specific requirements:
A reliable cash flow forecast is at the core of your corporate financial process and is essential for corporate survival. Budget Maestro automatically builds your cash flow forecast while you are building your P&L budget – a capability unmatched in the industry. It's like having a built-in accountant ensuring your reports are precise, accurate, and in synch. No other business performance reporting software does it that easily.
A key add-on component of Budget Maestro (included with the Advanced Planning Edition), Analytics Maestro, is a dynamic, visual display of your budgeting and performance data. This powerful utility enables executives and managers to quickly see how they are performing against their key performance indicators (KPIs).
Each user has the ability to create a customized dashboard with the most relevant, accurate and up-to-date information.