BigHand Budgeting and Forecasting Description
BigHand Budgeting and Forecasting revolutionizes the annual budgeting practices of law firms, turning what was once a lengthy ordeal into an efficient and productive endeavor. Its robust integration features allow for the effective management of budget-to-actual results in a timely manner. This solution empowers firms to forecast both cash and accrual-based revenues while streamlining all facets of budgeting and variance analysis. With its customizable capabilities, users can securely access detailed transaction information sourced from the firm's general ledger and accounts payable systems. Views at the transaction level can be organized in any preferred manner, whether by one or multiple segments and sorted by various columns. Furthermore, users have the ability to drill down into individual transactions to examine their components, including checks, vouchers, or entries from the general ledger, ensuring comprehensive oversight and management of financial data. This level of detail enhances the firm's financial decision-making processes significantly.
BigHand Budgeting and Forecasting Alternatives
Budgyt
Budgyt is a budgeting software that's affordable and intuitive for small businesses. Budgyt is a cloud-based budgeting software that helps small and medium-sized businesses as well as non-profits to eliminate the risks of traditional spreadsheets. You can save 80% on the time and expense involved in managing multiple budgets for different departments or projects. Data sheet, formulas and user management are some of the top features. Reports, versioning, dashboards and user permissions are also available.
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Martus
Martus Solutions delivers a powerful budgeting, reporting, and forecasting platform tailored for nonprofits and small to mid-sized businesses (SMBs). Eliminate the hassle of spreadsheets and simplify your financial processes with Martus. Our intuitive tools offer collaborative budgeting and comprehensive personnel planning, enabling your organization to make data-driven decisions with confidence.
Martus empowers teams to work smarter, with real-time data access, customizable reporting, and automated workflows designed to streamline your budgeting and forecasting efforts. Gain critical insights into your organization’s financial health, allowing for strategic growth and mission alignment.
With rapid implementation, seamless ERP integration, and an approachable user interface, Martus delivers both efficiency and value. Hundreds of organizations have already discovered how Martus transforms financial management—bringing transparency, accountability, and accuracy to your financial operations, all at an affordable cost.
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4CastPro
4CastPro stands out in the realm of multi-tier budgeting and financial consolidation. Its six-digit cost centre coding system allows for the creation of an intricate hierarchy of cost centres, ranging from a comprehensive group consolidated budget to specific departmental budgets. Users can choose between the New Cloud version, the desktop variant, or utilize both while accessing the same databases. You can experience the Cloud version through the provided link, or by emailing an existing trial balance to arrange a demo via Teamviewer or MS Teams. The software offers the capability to predict accruals, loans, capital expenditures, and depreciation accurately. Additionally, it enables forecasting of staff costs on an individual employee basis and sales expectations by key customers and product categories. With an integrated profit and loss account, balance sheet, funds flow, and cash flow reports, it provides a holistic view of financial health. Users can benefit from advanced Excel custom forecasting and reporting through an Excel add-in available for desktop versions. Moreover, the software supports easy import of actuals from Microsoft Excel trial balances and allows for direct imports from accounting software like Sage Business Cloud Accounts, Xero, and Quickbooks for the Cloud version, while Sage 50 and Access Dimensions are compatible with the desktop version. Overall, 4CastPro offers a comprehensive suite of financial management tools that cater to diverse budgeting needs.
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Agicap
Agicap centralizes your cash flows while automating various tasks, enabling you to concentrate on critical aspects such as analysis and decision-making. You can create cash flow forecasts and track your target achievements seamlessly. By linking your bank accounts and business tools, you can visualize your cash position effectively. This streamlined approach enhances overall productivity through automated and centralized cash management. Utilize an all-encompassing collaborative platform to aggregate all your data efficiently. You can anticipate cash flow at both the consolidated and entity levels, making it easier to manage finances across multiple banks and business tools. With the ability to set up automated cash forecasts, you can explore different scenarios to prepare for future financial conditions. Custom dashboards can be designed to elevate your analysis and reporting capabilities. Agicap also categorizes all your banking transactions automatically. Stay updated by monitoring real-time discrepancies between your actuals and forecasts. By establishing a dependable forecast, you can make fully informed decisions at the most opportune moments, ensuring your financial strategy remains robust. Ultimately, Agicap equips you with the tools necessary to optimize your cash flow management effectively.
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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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