4 Secrets about Budgeting and Planning You Didn’t Know

As a finance pro, you know how essential financial budgeting and planning is to achieving business goals. Yet if you work in a small or midsize company, chances are you’re trapped with time-consuming, error-prone spreadsheets, and the alternatives are just too complicated. There’s hope.

With Sage Intacct Budgeting and Planning’s new tool, you can learn the secrets of successful budget and planning and say goodbye to the spreadsheet headaches.

We’re sharing 4 little secrets about budgeting and planning that you didn’t know you could do with cloud-based financial management technology: 

Secret 1: Strategize your budgeting and planning process and collaborate with team members.

You can’t be strategic when you’re hunched over your spreadsheet fixing errors and doing data entry. Nor can you collaborate when you’re tasked with finding the latest, latest version of your budget. With Sage Intacct Budgeting and Planning, everyone works on the latest version, knows who updated the budget and when, and gets better control of your process. Now you have more time to align your budgeting and planning with your business goals. Collaboration is also easier—invite department heads to build or edit their budgets, present plan or budget options to management, create multiple what-if scenarios, and dig into the details.

Secret 2: Liberate your business from spreadsheets with automation.

Tackle your most pressing budgeting and planning challenges with Sage Intacct. For example, you can easily model projected cash flow, sales, or revenue recognition. Or calculate headcount expenses—without spreadsheet errors. You can also streamline everyday tasks. Sage Intacct uses Excel-like formulas, best practices, and pre-built functionality so budget owners can take advantage of an easy-to-use interface and intuitive navigation. Want to create multiple scenarios? Simply change drivers and assess the potential impact to your business. With Sage Intacct, you can forget about building a cumbersome spreadsheet infrastructure. Instead, focus on strategic plans that exploit business opportunity and sidestep risks.

Secret 3: Streamline your implementation and performance management.

You can leverage your Sage Intacct financial data, account structures, and dimensions along with best-practice templates to get up and running in a few days or even a few hours. Native bidirectional synchronization with Sage Intacct ensures your financial data, account structures, and dimensions are reflected in your plans and easily shared. What’s more, you can automatically add plan information to your financial dashboards and reports so you can compare current performance versus plans to manage for success.

Secret 4: Trust the Sage Intacct experts at Dean Dorton.

Whether you already use Sage Intacct financial management software, or you’re just looking to take your company’s financials to the cloud, the professionals at Dean Dorton (formerly Massey Consulting) can help you break free from spreadsheet prison and set you on the path to smarter budgeting and planning.

Contact us for a free consultation today.