BigHand Budgeting and Forecasting Description
BigHand Budgeting and Forecasting transforms the annual budgeting process of law firms from a time-consuming task to a highly-productive mission. Its integration abilities ensure timely management of the budget-to-actual result. Budgeting and forecasting allows firms to predict cash-based and accrual revenue, and simplifies all aspects of budgeting within a company. This customizable feature allows secure access to transactional detail originating from the firm's underlying GL or AP systems. Views at the transaction level can be grouped in any way, limited to a segment or segments, and/or ordered by any column. You can drill down into transactions to see the details, such as checks, vouchers or general ledger entries.
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Agicap automates and centralizes your cash flow, allowing you to focus on analysis and decision-making. Create your cash flow forecast, and monitor your targets. Visualize your cash flow by synchronizing bank accounts and business software. Automated, centralized and harmonized cash-management can improve overall productivity. Consolidate your data with a collaborative tool that consolidates all of your data. Cash flow can be forecasted at the entity or consolidated level. Consolidate your cash flow and monitor it from multiple banks, entities and business tools. Create automated cash forecasts to explore scenarios. Create custom dashboards for better analysis and reporting. Agicap will automatically categorize your banking transactions. Real-time monitoring of the differences between actuals and forecasts. Build a reliable prediction and make informed decisions at the appropriate time.
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MYGIDE
MYGIDE allows you to consolidate different business entities and segments by using general ledger code (or its modifications), or user-defined connections. Instantly, data are pulled together and displayed as report structures and statements. This allows for quick drill down. Any sub-level that is changed instantly will recalculate into the superior levels. MYGIDE calculates vertical and horizontal run rates and generates indicative short-term or long-term plans based upon historical and current performance and business trends. Users can then override run-rate-based trends by using their own assumptions. You can save different versions of what-if and exclude/include analysis as scenarios to be used for evaluation and comparison. MYGIDE facilitates a collaborative process to manage all your planning and budgeting needs. Managers of operational divisions have access to data and tools that allow them to populate their plans. The office of finance has real-time consolidation.
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Integrations
Company Details
Company:
BigHand
Year Founded:
1995
Headquarters:
United Kingdom
Website:
www.bighand.com/en-us/our-solutions/budgeting-and-forecasting/
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Type of Training
Documentation
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