Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
PROFITstar Budget is a versatile software solution tailored for organizations looking for an all-encompassing approach to budgeting, financial forecasting, and reporting, seamlessly compatible with any core operating system. This platform supports both top-down and bottom-up budgeting methods, accommodating scenarios where budgeting occurs at either the consolidated financial level or the branch/cost center level before consolidation. PROFITstar Budget streamlines the budgeting process by enabling institutions to create custom scenarios and forecasts, ensuring efficiency and precision. With just a few clicks, users can produce tailored variance reports and visual representations of their financial data. Furthermore, it is designed to adapt and scale with institutions, making it suitable for a wide range of users, from smaller entities to large corporations with multi-billion dollar portfolios. The software not only enhances the budgeting experience but also empowers organizations to make informed financial decisions effectively.
Description
This application serves as a comprehensive web-based budgeting and integrated spend management solution, along with offering additional features! Initially developed as a desktop budgeting program for Windows, it has transformed into a sophisticated cloud application for managing project budgets and expenditures. The core of this tool lies in the seamless integration of project budgets with purchase order monitoring, ensuring that all spending is meticulously tracked. The example of the tree structure demonstrates how Purchase Order objects (PO records) are organized hierarchically. All financial elements ascend from the POs (represented in green) to Projects (shown in wheat), then to Accounts (depicted in blue), and finally to Budgets (illustrated in grey). This structured financial framework is established by the Team, which includes the Admin, Project Managers, and Vendor contacts, who collaborate to create an initial budget framework. They work together in real time to generate new POs, approve costs, issue purchase orders, and monitor all invoices along with any changes throughout the lifecycle of the POs, ensuring a streamlined financial management process. With this integrated approach, teams can enhance communication and efficiency in their budgeting tasks.
API Access
Has API
No
API Access
Has API
No
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
$1495 one-time payment
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Vendor Details
Company Name
ProfitStars
Founded
1983
Country
United States
Website
www.profitstars.com/Financial-Performance/profitstar-solutions/Pages/PROFITstar-Budget.aspx
Vendor Details
Company Name
Spicer-Baer Associates
Founded
1998
Country
United States
Website
spicer-baer.com/cloud-tracking-solutions/
Product Features
Budgeting
"What If" Scenarios
Yes
Asset Planning
Yes
Balance Sheet
No
Capital Asset Planning
No
Cash Management
No
Consolidation / Roll-Up
No
Forecasting
Yes
General Ledger
Yes
Income Statements
No
Multi-Company
No
Multi-Department / Project
No
Profit / Loss Statement
No
Project Budgeting
No
Run Rate Tracking
No
Version Control
No
Product Features
Budgeting
"What If" Scenarios
Yes
Asset Planning
Yes
Balance Sheet
Yes
Capital Asset Planning
Yes
Cash Management
Yes
Consolidation / Roll-Up
Yes
Forecasting
Yes
General Ledger
Yes
Income Statements
Yes
Multi-Company
Yes
Multi-Department / Project
Yes
Profit / Loss Statement
Yes
Project Budgeting
No
Run Rate Tracking
No
Version Control
Yes