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- The Budgeting Process
 - Unified Solution for Budgeting
- One stop shop for forecasting sales, purchases, payroll, costs, fixed assets and financing. See the impact of your forecasts on the profit and loss, balance sheet and cash flow instantly.
- Quick and Easy Deployment and Use
- Develop your business model and create budgets and reports in a matter of hours or days. User-friendly data entry and easy system navigation.
- Scalable – Budget Logic grows with your Business
- Easily add new products/activities/customers/suppliers/employees/costs. Add new businesses and consolidate the results.
- Robust Financial Reporting
- Fully integrated professionally designed Profit and Loss, Balance Sheet and Cash Flow.
- Continuous Tracking of Liquidity / Cash Flow
- Automated cash management system allows you to look at the cash impact of your decisions.
- Performance Reporting
- Full set of detailed operational reports. Sales by product or by customer, margin reports, payroll reports, cost reports, asset reports and debt reports. Each line item is fully reported.
- Flexible Product Management
- Sales by capacity activity (e.g. Car hire, hotel rooms, professional services, general services). Sales by product or by manufactured product.
- Manufactured Product
- Component, direct labour and direct expenses costing. Finished goods and work in progress.
- “What-if” Scenario Planning
- Model the impact of a change in any of the key variables on your business model.
- Quick Consolidations of Financial Data
- Automated consolidation of any group companies, divisions, departments etc.
- Full Export to Excel for Ad Hoc Analysis
- Design custom reports and comparisons in a familiar environment.
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- BudgetLogic Forecasting and Budgeting
 - Sales
- Budget by product and customer. Budget in units, value or by capacity. Spread by seasonality.
- Purchases
- Automated purchasing according to minimum units in stock or days sales in stock.
- Payroll
- Employee or groups, Salary/hourly paid, Overtime, Bonuses, Holidays,Taxes. Reduce/Increase employee numbers.
- Costs
- Supports accruals/prepayments. Drive costs as a % of sales, payroll etc. Report by category.
- Borrowings (Loans, Leases and HP)
- Automatic calculation of loan interest/repay.
- Fixed Assets (Capital Expenditure)
- Automatic depreciation of fixed assets. Report by category.
- Other Items
- Investments, advances, grants, shares, dividends, corporate tax.
- Cash Flow
- Cash Flow is automatically determined by the payment rules that you select for VAT, customers, suppliers, costs, PAYE etc. You can also override these rules and enter specific figures.
- Reporting
- Integrated Balance Sheet, P & L and Cash Flow Statements. Detailed Performance reports. Departmental analysis. Automated export to excel.
- What-if Analysis
- Run multiple iterations of future plans. Prepare for expansion or reduction. Test scenarios.
- Consolidations
- Automated consolidation of any number of businesses/departments/divisions. Consolidation of debts and internal turnover. Inter-company item elimination. Supporting Balance Sheet, P & L and Cash Flow.
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Issue 1 - The budget takes too long |
Quote "Companies that use basic budgeting technology can take up to six months to complete a budget. By that time, the market may have changed, you may have introduced new products, and you may have new competition in certain areas." |
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Solution: BudgetLogic is easily implemented in your company in days rather than months. Decide on your business model, create budgets and forecasts and produce relevant reports all in a single unified application that is fast, flexible and accurate. |
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Issue 2 - Thers isn't enough time to analyse data |
Quote "Aligning the spreadsheets was a nightmare. A simple change like someone adding an account threw the whole template out of whack. But the real drawback was my inability to do an analysis of data to make better decisions." |
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Solution: BudgetLogic frees up your valuable time and allows you to look at the impact of your decisions. Spend less time building and managing the model and more time looking at the meaning behind the numbers. Easily performs “what-if” analysis to evaluate different courses of action. |
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Issue 3- There isn't enough visibility |
Quote "As a senior manager, you need to have better visibility of your business. As long as the data’s in Excel, you don’t have the visibility you need." |
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Solution: BudgetLogic continuously tracks and updates the "big picture" – your budgeted Balance Sheet, Profit & Loss, Cash flow and Performance Reports. You can see immediately the impact of your decisions on the bottom line. |
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- Time to Budget
- Spreadsheets are perceived as low-cost financial tools but are very time-consuming to build, operate and manage.
- BudgetLogic is both easy to use and easy to learn. BudgetLogic’s built-in flexibility allows complex plans to be developed much faster.
- Ease of Reporting
- In spreadsheets you have to build each report. If you add new items you have to incorporate these changes into your report structure. Users will need to be proficient users in order to view and print reports.
- BudgetLogic has a comprehensive series of professionally designed reports that are easy to print and distribute. Any changes made to line items are automatically incorporated into the reporting structure and into the reports themselves.
- Comprehensive Financial Statements
- Spreadsheets lend themselves to Income Statement Reporting. The Balance Sheet and Cash Flow are too often ignored.
- BudgetLogic has fully a integrated Profit and Loss, Balance Sheet and Cash Flow
- What-If’s
- In spreadsheets it is difficult to track changes when doing what-if analysis.
- BudgetLogic’s what-if module automatically tracks and reports changes.
- Poor Data Integrity
- Spreadsheets are often error-prone. Coopers & Lybrand found that 90% of spreadsheets with > 150 rows had errors.
- BudgetLogic has simple to use intuitive data entry screens. Only authorised personnel can access restricted items. It also has comprehensive reporting and scheduling of all accounts that provides a full audit trail.
- Difficulty with Consolidations
- In Spreadsheet Budgeting, Consolidation is achieved by using links or macros. This process is both slow and error prone.
- The process of consolidation in BudgetLogic is fully automated and allows for the elimination of inter-company items. A full set of consolidated accounts is produced.
- Security
- Using a large spreadsheet model it isn’t easy to protect sensitive data from being viewed.
- BudgetLogic allows the full protection of selected data from users.
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| BudgetLogic is affordable, fast, flexible and simple to use. |
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Spreadsheet |
BudgetLogic |
| Low initial cost |
Yes |
Yes |
| Easy to use |
Yes |
Yes |
| Fast time to budget |
No |
Yes |
| Easy Reporting |
No |
Yes |
| Data Integrity |
No |
Yes |
| Full Financials |
Difficult |
Simple |
| Security |
Difficult |
Simple |
| What-Ifs |
Difficult |
Simple |
| Consolidations |
Difficult |
Simple |
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| Contact Us |
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