GL/ERP Integration Supports Budget vs Actual Analysis
With Planning Maestro, your balance sheet, statement of cash flow, and the P&L are all connected to meaningful data contained in ERP and back office systems – and always up-to-date and synchronized – so generating a budget vs. actuals report and reforecasting to account for missed assumptions, market changes and other business fluctuations is quick and easy.
Budget Variance Explanations All Year-Long
Finance leaders know that budgets are never set in stone. The dynamic nature of business means a budget that looked great in January can require a major overhaul in April. It can cause havoc in an organization that does not have an efficient process for adjusting budgets and plans accordingly. Planning Maestro streamlines budget to actual variance analysis and eliminates the time consuming and error-prone manual work typically needed to reference and compare budgets and forecasts.