While corporate strategy helps determine the long-range vision for your company, the business environment is constantly changing, which impacts your current operations. NetSuite’s financial planning solution provides flexible, “what-if” financial modeling capabilities to help companies meet their budgeting and ongoing forecasting needs. Model and evaluate different financial scenarios to set targets for your annual operating plan, in a bottoms-up or top-down manner, and then analyse the variance between actual and projected results to manage business performance.
Collect inputs and assumptions, review iterations and present consolidated results in a timely manner.
Compare and analyse actual versus projected results regularly to refine forecasts.
Centralise your budget with forecast and actual information in one place, providing a single version of the truth.
Drill across budget, forecast and actuals to see the impact on business performance.
Flexible Modeling: Create and consolidate driver-based plans with customised data entry sheets and reusable formulas and allocation methods using proper assumptions.
“What-If” Analysis: Compare and evaluate different “what-if” scenarios between actuals and projections—and update forecasts as needed during the course of business.
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