Budgeting & Forecasting
Controllers and CFOs think budgeting and forecasting processes take up too much time that could be better used for forward-looking activities. Hypergene delivers a solution that transforms, quality-assures and streamlines working methods in a few months, freeing up time to analyze and think ahead.
Hypergene delivers effective support for budgeting and forecasting processes. It is easy to delegate duties through your organization and track progress when budgets are produced at different levels or units. The solution is founded on process support—a workflow engine that structures and monitors duties to be executed, and where they are in the process. The workflow engine also enables effective management of multiple users.
Hypergene’s integration with source systems like accounting, ERP and HR systems, also brings users access to crucial background data for their work. All data is stored, consolidated and tracked in real time, which means your whole organization is working from a single, quality-assured view of reality.
Hypergene enabled us to cut the time we spend on budgeting and forecasting in half, while we also increased the accuracy of our work, and our people’s commitment. Maria Trulsson, CFO, Växjö Energi AB
Hypergene users work driver-based, i.e. budgeting that proceeds from volume and price instead of monetary amounts and accounts. They can start from item numbers, employee numbers and customer numbers—drivers of their everyday experiences. Accordingly, amounts in budgets can be easily explained and revised automatically when drivers change. It’s also easy to use accrual and allocation formulas, and automatically link budget values to forecasts.
Working on budgeting and forecast in Hypergene has to be easy, and we achieve this not only through effective process support and extensive integration functionality, but above all, through user-friendliness and simplicity end to end in the solution. Traceability of variances, collaborative functionality and role-based reporting and monitoring are just a few examples of how the system facilitates your daily work. The Budgeting & Forecasting module also integrates seamlessly with Hypergene’s Performance management and Monitoring & Analysis modules, creating a powerful performance management entity, enabling continuous and integrated quality and improvement work organization wide.
Built-in support for:
- Process and authorization workflows
- Integration with business systems
- Role-based reporting & analysis
- Notes and comments
- Varying periodicity, rolling 12 months, etc.
- Driver-based entries
- HR planning
- Cash flow planning
- Equipment, depreciation and amortization
- Performance management
- Budgeting & Forecasting
+46 (0)40 661 1000