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Budget
Management
By
fully integrating the functions of product costing 'What If'
analysis and Resource
planning
SBM: Cost Management Solutions provide a dynamic budget management
environment that significantly reduces the time taken to plan and
maintain the budgets needed to monitor the performance of your business.
Budget
management enables you to set up strategic cost and profit
management procedures and move from the extrapolation of historical
data to scenario based forward planning. You can create both
departmental and product mix driven forecasts and using sales
projections, forecast price changes and the planned availability of
activities and resources, create rolling and fixed period projections
of your company's financial requirements.
With
SBM's
Budget Management
you can undertake sophisticated budget analyses that help improve
your company's performance management by establishing a dynamic
budget concept that is based on actual as well as anticipated
volumes. Using SBM's
Simulation
components you can instantly evaluate the impact of changing any of
the cost drivers used in your cost models, examine economic
constraints and create accurate projections of your company's future performance.
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