Finance and ERP Integration
Making it easy create accurate budgets
Budgeting and Risk - Integration
The power of budgeting and risk integration is a powerful
combination. It offers the opportunity to identify elements of
risk early in the process and establish a general cost range
associated with uncertainty. In cases where projects have gone
significantly over budget, it is attributed to estimates associated
with uncertainty. Uncertainty is prevalent in leading edge
projects and existing spreadsheet solutions depict only one of
several million (billion) possible outcomes. Budgeting and
risk integration can simulate some of these outcomes to create a
generalized impression (project cost range) of possible outcomes.
Project Plan Integration
Great Budget includes the capability to integrate with many
project plan applications. The Great Budget structure can be
used to create the project timeline and track additional features
such as base costs and cost to date. Great Budget uses
standard conventions like XML and SQL to guarantee that all data can
be automatically integrated into any application that follows these
open standards.
Chart of Accounts Integration
Where it is preferred that the budget be based on a company chart
of accounts Great Budget can import any chart of accounts.
There are multiple ways to meet your specific requirements and our
open standard and published XML interface ensures freedom to select
your vendors.
Distribute Models
You can publish and redistribute budget models, making it easier
for others to work within common parameters. This makes it
easy for collaboration, provide individuals parts of a model and
integrate these into a composite budget. You can distribute
models for outsourcing, publish your model and offer vendors to
complete the models and submit. It is easy to identify
additional and deleted line items. It is also an invaluable
tool to gauge core competency and budget accuracy by reviewing the
identified risk.