proCube Budgeting & Forecasting for Project-focused Businesses
Integrated Corporate Performance Management
Project-focused organizations such as Architecture and Engineering, Construction Management, or IT Management Consulting need unique planning, budgeting, forecasting and financial reporting capabilities. Satori Budgeting & Forecasting for Project Based Businesses offers sophisticated and detailed planning, budgeting, forecasting and financial reporting with real time collaboration, and much more.
You need to create budgets that map out revenue goals and detail the costs of all required resources and activities. You also require the ability to make specific revenue predictions for each billable resource that incorporates the number of hours they are expected to bill and their individual billing rates to accurately project precise worked value. You also could be faced with the need to project out Revenue by Project or a combination of the above. Satori Planning provides Project-focused Businesses firms with key requirements out of the box and the added benefit of incorporating customer specific business logic if required.
Deltek is the leading ERP software provider for Architectural and Engineering, Construction Management, and Project Focused Professional Services Organizations. We have partnered with Deltek and seamlessly integrated our Satori Planning for Professional Services with the Deltek Vision solution. This strategic alliance assures all project focused organizations will have the best of breed, end to end technology to run, manage and grow every aspect of their firm.
– Automate the distribution of previous year actual data to the department heads for the budget collection process. No more tediously extracting data from the General Ledger, Employee Info Center, and other sources as well as the elimination of manually consolidating spreadsheets upon their return. Streamlining the budget process to a matter of weeks versus months, allowing your executives more time for analysis and strategic “what-if” scenario building.
Forecasting (Rolling Forecast)
– Making it to the end of the year is a good thing. However, when your business depends on the availability of projects, you need to keep an eye on the future. Satori Budgeting & Forecasting makes it easy to utilize forward looking data already captured in your Deltek Vision Planning and Opportunity Center in order to make sure expenses align with your expected revenues. And with Satori Budgeting & Forecasting you spend less time gathering the information necessary and more time analyzing the impact on your business.
Flexible Revenue Models
Budgeting & Forecasting your can be tricky and require flexibility to model your expenses and revenues using the method that matches your business processes. Satori Budgeting & Forecasting gives you the options you need. Whether you want to feed your forecast with information from your Vision Resource Planning and Opportunity Center to summarize your plan resources and projected billable hours or draw up your forecast based on your employees’ expect hours, rate, multiplier, and utilization from the employee center, you decide what is best for your business. Satori Group, Inc. will supply you with the guidance, best practices, and domain expertise to choose the practice that fits your goals.