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Budgeting, Planning and Forecasting Systems Buyer's Resources

Budgeting, Planning & Forecasting software is used by companies of all sizes to assist with the creation of periodic budgets and forecasts. The software is very useful for building forecasts (including budgets and long-term plans) of all varieties, utilizing a variety of inputs from potentially many constituents across the company. These forecasts can then be used for financial analysis, comparison, reporting and variance analysis as time goes by. Budgeting, Planning and Forecasting used to be the domain of Microsoft Excel, and many companies still use Excel as their primary forecasting tool. However, there has been a marked increase in systems which take the process out of excel and make it more streamlined and scalable by providing dedicated systems which are purpose-built for forecasting, analysis and reporting.

Educational Articles

Installing budgeting, planning and forecasting software requires a very specialized village. A roster of thorny, situation-specific details spawns thousands of decisions packed with potential for unintended consequences. Companies that try to manage implementation on their own – like defendants who hire themselves for lawyers -- often end up with advisors ill equipped for the job.
When a review of priorities says it's time to revamp the platform for budgeting, planning and forecasting, emphasis switches to choosing solutions that leverage performance in a holistic way.
Ten Questions That Add Focus to your Budgeting, Planning (BP&F) and Forecasting Processes & Programs List Products   When evaluating the quality of budgeting, p

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