BigHand Budgeting and Forecasting Description
BigHand Budgeting and Forecasting revolutionizes the annual budgeting process for law firms, transforming it from a tedious task into a highly efficient endeavor. By offering robust integration capabilities, it facilitates the effective management of budget-to-actual outcomes in a timely manner. This innovative tool empowers firms to forecast both cash and accrual-based revenue while streamlining all elements of budgeting and variance analysis. With its customizable features, users can securely access detailed transaction information from the firm's foundational GL and AP systems. Furthermore, transaction views can be organized in any preferred manner, whether by specific segments or sorted by various columns, allowing for personalized analysis. Users also have the ability to delve deeper into individual transactions to examine their components, which can include checks, vouchers, and entries from the general ledger, enhancing overall financial oversight. Additionally, this level of detail helps firms make more informed decisions regarding budget adjustments and resource allocation.
BigHand Budgeting and Forecasting Alternatives
Budgyt
For those in search of a cost-effective and user-friendly budgeting tool for their enterprise, Budgyt is an excellent option. Designed to assist small to medium-sized businesses and non-profit organizations, Budgyt reduces the dangers linked to conventional spreadsheet usage by providing a flexible cloud-based budgeting platform. Users can save up to 80% of the time and costs associated with creating and overseeing various departmental or project budgets when compared to traditional spreadsheets. Key features encompass data sheets, formula functionalities, user management capabilities, comprehensive reporting, version control, customizable dashboards, user permissions, and a host of additional tools to enhance budgeting efficiency. With Budgyt, managing finances becomes not only simpler but also significantly more efficient for organizations aiming for growth and sustainability.
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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-tiered budgeting and consolidation processes. Its six-digit coding system for cost centres allows for the development of a complex hierarchy, facilitating everything from the overarching group consolidated budget to detailed departmental budgets. Users have the flexibility to select either the New Cloud version, the desktop version, or utilize both while maintaining access to the same databases. For those interested in experiencing the capabilities of the Cloud version, a trial can be initiated through the provided link, or by emailing an older trial balance to schedule a demonstration via Teamviewer or MS Teams. The platform also allows for forecasting of various financial elements such as accruals, loans, capital expenditures, and depreciation. Additionally, users can project personnel costs on an individual basis and anticipate sales opportunities based on key customers and product categories. The software features an integrated Profit and Loss account, balance sheet, fundsflow statement, and cashflow analysis. Furthermore, it offers advanced Excel custom forecasting and reporting capabilities through an Excel add-in for desktop versions. Users can easily import actual financial data from MS Excel trial balances, while direct imports are supported from Sage Business Cloud Accounts, Xero, and QuickBooks in the Cloud version, as well as from Sage 50 and Access Dimensions in the desktop variant. This comprehensive suite of tools ensures that users can efficiently manage their financial planning and analysis needs.
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Agicap
Agicap empowers you to prioritize essential tasks like analysis and decision-making by centralizing your cash flows and automating routine activities. You can create a cash flow forecast while tracking the progress toward your financial goals. By linking your bank accounts and business tools, you can visualize your cash position effectively. Enhance your overall productivity through a streamlined, automated, and unified cash management approach. Utilize a comprehensive collaborative platform to bring together all your data seamlessly. You can anticipate cash flow at both the consolidated and individual entity levels with ease. Effortlessly consolidate and keep track of your cash flow across various banks, entities, and business tools. Establish automated cash forecasts and examine different scenarios for better planning. Design customized dashboards to elevate your analysis and reporting capabilities. Allow Agicap to automatically sort your banking transactions for efficiency. Keep track of discrepancies between actual figures and forecasts in real-time to ensure accuracy. By building a trustworthy forecast, you can make well-informed decisions promptly, ultimately leading to enhanced financial health for your organization. This level of insight into your cash management can significantly contribute to strategic planning and resource allocation.
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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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