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SightN2™ for Planning and Budgeting
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Business Challenges
The planning, budgeting and forecasting processes are resource and time intensive processes in most organizations. These processes tends to be dominated by manual tasks typically involving spreadsheets being exchanged across cost center managers, line of business managers and corporate finance personnel. Changes to business assumptions and strategies mid-way through the process or financial year; cause extensive rework and often results in spreadsheet errors that sometimes go undetected until after the budget has been finalized.
Solution
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Click here to see Microsoft’s and GNet’s case study for this solution
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GNet Group SightN2 for Planning & Budgeting is a flexible web-based application that supports enterprise wide planning, budgeting and forecasting. This solution provides a rich planning and modeling framework that supports driver based planning. It supports a hierarchical planning process that encompasses both corporate finance and the lines of business within an enterprise. With SightN2 for Planning & Budgeting you can meet your immediate financial planning and budgeting needs as well as on-going forecasting needs while enabling a platform for cross-functional expansion and automated process integration.
Benefits
SightN2 for Planning & Budgeting provides a powerful calculation and business rules engine that can be used to express a range of business logic from simple formulas to multi-dimensional allocation rules.
- Reduce budgeting and planning cycles by weeks
- Improved accuracy
- Appeal to a wider user community through an intuitive Web user interface
- Flexible workflow and plan management capabilities
- Full set of administrative tools for application management
- Module based approval workflow capabilities
- Eliminate time lag between when plans are updated and reports are refreshed
- Reduce cost of ownership by leveraging existing technologies
To learn more click here: Solution brief - SightN2™ for Planning and Budgeting
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