Revenue Forecasting with Planning Maestro

A key component of any budget plan is revenue forecasting.  In Planning Maestro, we've made it a very flexible, easy and straightforward process.  Using an Excel-like grid, your revenue managers see only the revenue and cost accounts that are available to them.  You can budget revenue at a high level or in a detailed way.   You can enter the annual value and apply a pre-built spread method, or key in the values directly into the months. 

Based-upon Revenue Planning

For more sophisticated revenue planning, you can calculate revenue "based-upon" a specific driver or multiple drivers.  There's a tremendous amount of flexibility for you to calculate your revenue based on your particular requirements.   Planning Maestro, business performance management software, automates the calculations ensuring they are accurate and precise.

• Each of your assumptions volume, price and cost can be linked to drivers or each other
• Drive revenue amounts off of a past bookings amount or total number of customers or total number of products
• Build a recurring billings based on the bookings of a prior year or earlier

Automated Revenue Recognition

Do you have to comply with the Sarbanes-Oxley Act? Are you planning any mergers or acquisitions? Developing revenue recognition schedules using spreadsheets is very confusing and labor intensive to build and maintain. It requires several workbooks that are linked together by formulas.  And, if you change data in one workbook, there is no way of knowing whether these changes have been updated throughout the model. Troubleshooting the correctness of these formulas takes a tremendous amount of manual effort.  That's where Planning Maestro comes in.

Accurate Cash Flow Planning

The Planning Maestro software, automates the revenue recognition/cost recognition process so your revenue activities are accurately reflected in the period that is impacted and the accuracy of your cash flow statement is maintained going forward.

This capability allows you to plan sales by customer types, define the length of the license and Planning Maestro computes the revenue to be recognized in the appropriate periods  - which is very difficult to do on a manual basis using spreadsheets  - dramatically simplifying the complex series of calculations required for forecasting revenue as you layer multiple contracts over multiple months and years. 
 

Planning Maestro streamlines inefficiencies and enhances compliance controls for:

• Royalties and recurring subscriptions
• Maintenance  and support contract renewals
• Professional services

Planning Maestro's revenue forecasting software enables you to: 

• Easily layer multiple, multi-month contracts (2 months to 10 years out)
• Create custom schedules
• Automatically calculates portions of revenue to be recognized per month and assigns the balance to a liability
• Synchronizes the P&L, Balance Sheet and Cash flow Statements to truly reflect the impact of deferred revenue schedules on the business