Budgeting Module

Achieve efficiency through accuracy

The Budgeting Module is valuable tool for accurate performance forecast and supports the core accounting processes, through efficient tracking of periodic budgeting plans, based on client’s Balance Sheet and Income Statement.

Within the module, periodic budgets can be automatically generated with streamlined specification of revenues and expenses for the next period or imported from predefined excel files, depending on client’s preferences. Budgeting periods can be defined on monthly, by-monthly, quarterly, semi-annually and yearly basis, with option for budget rebalance at any moment and additional adjustment of the remaining period.

The budget plans are governed by automated approval workflow, with predefined budget statuses and option for automated budgets rollback in the previous status. The workflow of every budget and the performed changes are automatically tracked in budget history.

The revenues and expenses accounts can be dynamically defined and managed from user side, with possibility for specification of additional account dimensions according to which to track performance rates, using indicators based on client needs.

Comparisons of planned with achieved results can be accurately performed in predefined, structured reports for analysis or new reports can be dynamically defined with the Dynamic Report Generator, based on client-specific parameters.

Key Features

  • Improved Performance VisibilityIndicate key performance variables in your operations and incorporate changes to improve planning accuracy with streamlined budget tracking and comprehensive reports.

  • Streamlined Budget MonitoringActively manage the financial results and expenditures from a centralized location, with financial data compliance.

  • Flexible Decision-Making WorkflowAdapt budgeting approval workflow to your specific business processes in order to speed up budget approvals and improve the quality of decision-making processes.

What
clients say
  • "ASPEKT’s leasing system is a very convenient system with automated validations that limit any possibility for manual errors and now my daily operations are highly simplified as I don’t have to worry about making mistakes in calculations or assigning assets that are not available." - Lease Officer / Specialist
  • “Aspekt Leasing Software shows high performance in optimal infrastructure environment and I’m sure the system will be able to scale up without compromising the operational functions.” - System Administrator
  • "Aspekt Leasing Software offers direct performance preview, allowing me to analyze performance results per employee and manage the sales process so that all my employees are maximally effective and fully dedicated to work responsibilities." - Branch Manager
  • “We needed a system that is able to respond to the evolving regulatory environment, changing risk management procedures and addresses the ongoing operational costs with high control efficiency and we are happy to confirm that Aspekt Leasing Software delivers unlimited operational cost and risk benefits through our daily operations." - Risk Manager
  • "The use of Aspekt Leasing Software has greatly improved the process of servicing our customers. We are able to form sales policies that meet their expectations in continuity and deliver on-time and quality support.” - Operations Director
  • “At the end of the month I can conduct full financial review and generate reports for external reporting, as all the transactions are automatically posted and matched, and if there is a need for transactions correction, it can be automatically executed and the changes are presently visible in reports.” - Accounting Officer
  • “We can easily focus on improving the quality of our customer base and analyze the results received from sales when combining offer conditions that will best match the most profitable customer segment and create win-win situation for both parties.” - Operations Director
  • "From the beginning, Aspekt Leasing Software was successfully aligned with our growth strategy and helped us continually increase sales volumes and surpass predefined targets by offering endless flexibility and incorporation of changes." - CEO
  • “Generating invoices with automated operation eliminates the need for manual interventions and gives us more time to concentrate on analyzing financial results.” - Accounting Officer
  • "I’m able to control all internal processes directly from my office by spending minimal time for communication with colleagues and sharing thoughts on any kind of issues that may arise. " - Internal Audit