Financial Budgeting & Planning

The budget planning module is an intelligent module which is integrated with Oracle EBS. It allows users to easily plan financial budgets and compare them with current and historical data. Approval processes, creation of plan types and the setting of access rights are standard for the application.

Basic features of the Budget Planning module:

- a budgeting item firmly linked to the accounting string (company-department-project-task-account-facility)
- budgeting item descriptions
- user comments for individual budgeting items
- detailed items (budget items and be broken down further under the same accounting strings)
- individual budget periods (monthly)
- access rights to data according to individual user groups (two access levels--individual plans and individual departments)
- plan versions
- work flow during an approval process

  • New challenges for CFO’s

    The expanding role of the Chief Financial OfficerThe modern Chief Financial Officer is expected to fulfil an ever evolving and increasingly complex role, also known as the Four Faces of the CFO: (ref: ...
  • FD’s and controlling IT Strategy

    In addition FD’s usually responsible for controlling IT Strategy Ensuring that the finance system matches the evolving business ne ...
  • General Ledger

    General Ledger Data view from the General Ledger is divided into two basic views and 3 modules. Data views are divided to vertical and horizontal. All modules are specifically modifi ...
  • Paybles & Receivables

    These two modules are a complete solution to view data related to payables and receivables. Here you find detailed information on suppliers, customers, orders, goods inwards and other key information ...