Expense Budgeting and Forecasting with Budget Maestro

Planning for Growth with Reliable Data

Planning is a forward-looking activity that management uses to chart a course of action for the short term and long term and then develop the most effective strategic plans for reaching those goals.

Budget Maestro, business expense budgeting software, enables you to model you business to reflect the way it actually operates, independent of your chart of account structure, so that changes to the enterprise business model are quickly reflected in your plan. And as conditions change, you can easily modify your plans and generate reports in real-time to gauge the impact of these changes.

Budget Maestro budgeting management tool enables you to:

  • Easily add, and change accounts or dimensions you would like to track to the model
  • Quickly make changes to the organization structure and/or roll-up sequence
  • Plan and track your forecasts by any operating area, such as department, location, manager, geography, product line, project and any other criteria your require
  • Track company performance by not just G/L account but by any entity type, such as customer, department, location, manager, product line, project and others
  • Utilize Budget Maestro "what-if" generator to gauge the impact of projected changes on your operating including cash flow, balance sheet and income statements ….for the next month or several years out
  • Generate "what-if" scenarios to model and test alternative financing situations

Take the “pain” out of the Budgeting Process

At many companies the annual budgeting process seems to conjure up feelings of dread, frustration and long, sleepless nights. Your ongoing projects and responsibilities don’t stop because it’s budgeting time again. Budget Maestro, business budget software, is designed to take the pain out of the expense budgeting process by automating many of the routine tasks associated with budget development and revisions freeing you up to spend more time on analysis of the budgets and making informed decisions.

A huge advance over spreadsheet-based systems, Budget Maestro utilizes database technology for real-time data collection and reporting. A common interface for all users fosters collaboration and increases the accuracy of data entry.

With Budget Maestro’s built-in financial intelligence, the system automatically does the calculations for you. There are no formulas or macros for you to create, no tedious re-keying of data and no mystery links to chase down and fix.

Budget Maestro enables you to:

  • Prepare budgets based on historical information or zero-based
  • Allocate revenue and expenses using top-down/bottom up
  • Support complex calculations
  • Budget based on fiscal or calendar year
  • Forecast at a global or detail level
  • Set user definable spread methods
  • Forecast revenue recognition schedules
  • Automate recurring expenses
  • Budget for Capital Asset and Payroll expenses
  • Set payment schedules for each line item
  • Import actuals and compare to budget/forecast results
  • Budget revenue and expenses based on “activity” not only at G/L account
  • Support multiple currencies
  • Make detailed notations per line/record item
  • Restrict access to any version based on user security
  • Lock down budget versions

Build a Forecast you can Trust.

Pressures on business managers to react to internal and external factors require them to adjust, managers need to be able to forecast quickly and easily, which is why Budget Maestro, expense budgeting software, developed a particularly robust forecasting module. With it, you can forecast items (e.g. revenues, payroll, operating expenses and capital assets) and trace the effect through your Income Statement, Balance Sheet and Cash Flow.

Within seconds, you can compare your forecasted results to any version, and analyze the data in real-time. The result? Potential problem areas or opportunities are revealed to management with ease.

Budget Maestro enables you to:

  • Forecast items by revenue, personnel, operating expenses, assets
  • Forecast monthly/quarterly; multi-years
  • Forecast up to 15 years (monthly)
  • Forecast by cash or units
  • Automate increases & decreases
  • User definable revenue recognitions schedules
  • Forecast on a global or detail level
  • Create rolling forecasts using multiple scenarios
  • User definable Spread methods
  • Forecast on a cash or an accrual basis