Engage the relevant stakeholders in departments & subsidiaries estimating the costs. Let your sales people plan in quantities. And You get a fully consolidated numbers for yourself and the management
Every contributor in your organization gets a separate access to his/her own budget section. Just define a role and share the access to so your colleagues will easily enter their data.
For example every sales pro or project manager can enter their numbers every month. You can have as many versions as needed.
To get your group level financial statements just set your elimination rules and enjoy Wisora doing all the hard consolidation work.
The account schemas may be different form department to department form subsidiary to subsidiary, Wisora is built to handle that. The elimination rules are flexible and can cover all your corner cases.
Wisora integrates with your existing financial software and can both read from it and send the data back. Thereby you can you can compare your financial forecasts with the actual results.
Together with the planning and budgeting Wisora enables you to get a snapshot of financial situation any time. This in turn enables you to make faster management decisions better adapt to change.
The pace of which the business environment is changing has gone faster and more uncertain than ever before. Budget shouldn’t be a static document that is done once a year and only CFO and top management is concerned about.
It’s time to engage all the the relevant people into the budgeting and financial forecasting while making the process user friendly, continuous/rolling and understandable for everyone. This is why we made Wisora.