Home  |  Company  |  Support  |  Contact Us
Capabilities  |  Services  |  Customers  |  News/Events  |  Partners  |  Purchase
Budget Maestro 5.1
Budget Maestro 5 introduction
Budget Maestro 5 features
Budgeting software today
Budgeting Software Features
Databases vs. spreadsheets
Spreadsheets hinder the process
Customer quotes
Centage Corp backgrounder
Centage Fact Sheet
 

Budget Maestro is Superior Budgeting Software to Spreadsheets
10 Top Reasons Why

1. No formulas or macros
Budget Maestro is easy to understand and use for all managers. There are no formulas or macros to create, no cutting and pasting from workbooks all increasing the risk of errors and broken links during budgeting and planning process. Data is collected in a centralized database. All data is entered via a common interface for all to follow. All changes and additions to the budget plan are automatically updated in the database and instantly reflected in your reports.

2. Generate a Balance Sheet and Statement of Cash Flows
Nearly impossible with spreadsheets, the Balance Sheet and Statement of Cash Flows rely on pro forma transactions that reflect the timing of sales, expenditures and receipts. Most enterprise use the accrual method, which complicates things even further. Trying to produce accurate cash flow information - critical for financial survival is almost impossible with spreadsheets.

3. Variance Analysis
Nearly impossible with spreadsheets, the Balance Sheet and Statement of Cash Flows rely on pro forma transactions that reflect the timing of sales , expenditures and receipts. Most enterprise use the accrual method, which complicates things even further. Trying to produce accurate cash flow information - critical for financial survival is almost impossible with spreadsheets.

4. Database Technology
Budget Maestro utilizes Microsoft database technology. All your data stored in a single, centralized database. Databases are relational documents lending themselves to a more natural way for forecasting the Balance Sheet and the Statement of Cash Flows as well as multidimensional views and reports of forecasted and actual data. All computerized accounting software packages use databases as well.

5. Roll-ups & consolidation
Adding new departments or consolidations to your budget plan can be an extremely time-consuming task.

6. Security
Spreadsheets offer no way to prevent users access to sensitive, financial data. Budget Maestro allows you to limit/restrict access by user and role-level for complete control of your data.

7. Real-time information
Using database technology, all changes, additions to your budget plan are automatically updated in Budget Maestro and accessible in realtime.

8. Productivity


9. Integrated Financial Statements
Provides an integrated and unified way of viewing and comparing Actuals, Forecasts and Budgets. Track performance of P&L and Headcount;

10. What-if Analysis
Budget Maestro provides you with powerful what-if analysis capabilities to plan and test alternative scenarios. Insight Fast,easy cration of multiple scenarios allows management to see the impact of changing any variable in the business. Develop "what-if" scenarios in Budget Maestro and compare them.

Consider the average number of hours to create a simple budget plan is 40 hours or more (at $100 x 40 = $4,000) - not including chasing down broken links, revising the numbers, formatting correctly etc. Spreadsheet budgeting is a costly endeavor.


 
Books  |  Legal and Privacy Information  |  Site Map