Hypergene Budgeting & Forecasting

This application helps save significant time in the planning process, time that can be spent on analyzing results and planning actions instead.

The budgeting and forecasting process is a critical instrument for controlling the operations of the municipality. The Budgeting & Forecasting application has been developed on the basis of the setup of planning work within municipalities, and is readily customizable to additional needs. Computation and consolidation of all components is automated, and accordingly, the solution generates quality enhancing support at all points, and significant time savings in the budgeting and forecasting process. All the time freed up in the budgeting process can be used for operational development instead.

Clear process

The process of the Budgeting & Forecasting application starts from managing frameworks and allocating funding. Then, each unit budgets its operations. Finally, shared costs and total budgets are reconciled and fine-tuned. The application allocates the responsibility for various steps clearly, and following up on which processes that are complete is straightforward. This provides accurate control of how the budget process is progressing. There is also an updated total budget always available for verification and reconciliation.

Pre-installed functionality

The application has pre-installed functionality and process support for allocating funding, budgeting HR expenses, budgeting new investments and capital expenditure, budgeting account revenue/expenses, resource-allocated revenues and allocation of central costs. It also manages multi-year budgeting. Clients can decide to implement the functionality stepwise or take an overall grasp of the complete budgeting and forecasting process from day one.

Experience of municipal budgeting

Hypergene’s operational consultants possess long-term practical experience of municipal financial planning. They can provide supporting knowledge and advice on the advantages and disadvantages of various budgeting models, how to streamline the complete budgeting process and how to ensure close connection operational planning and financial planning call how to improve forecast precision using the Budgeting & Forecasting application.

By basing work on item numbers and pricing, a budgeting processes that is far simpler and closer to operations is achieved.