Solver – Top-Down Driver Based Forecast Template for Sage Intacct
There are some third party manufacturers asserting that Excel is a pain, usually related to the fact that their product functions on a proprietary budgeting platform that does not offer good Excel connectivity. Since these tools are not Excel-powered in the budget template design process, your team might face a tougher learning curve to acclimate to software-specific formulas and coding. All of this could mean the training and/or consulting will be more expensive, which is just one cost to evaluate. It is impossible for any technology to solve everyone’s business problems, but you should not settle for software without particular functionality that will help you to cut costs in terms of personnel time, money, and energy. Today’s budgeting software should empower you to compare your projections for the year and actuals from the last year right next to each other, simply add multiple line items for accounts, spread totals across a year, build templates you can reuse, view authorship, produce roll-ups, and employ parameters like Entity, Department, and Division. Additionally, the ability to perform what-if scenarios allows you to envision variables coming into play. One example involves budgeting for new employees