Date post: | 31-Mar-2015 |
Category: |
Documents |
Upload: | mackenzie-annis |
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ncg | group
1) reporting templates creates in microsoft excel by the financial department
2) xls-files are distributed via e-mail from the financial department to budget responsible
3) the budget is entered, on lowest level, in the microsoft excel templates by budget responsible
4) sub budgets are consolidated by budget responsible (link. of excel sheets/workbook)
5) xls-files are returned from budget responsible to the financial department
about | traditional budgeting 1(3)
ncg | group
6) consolidation on company level(many xls-files shall be linked, checking of total budget against sub budgets etc. at the financial department)
7) budget analysis, internal meetings8) budget revise (back to 3)9) budget are presented for the board10) ev. new budget revise (back to 3)
about | traditional budgeting 2(3)
ncg | group
11) budget fixed!12) budget files from microsoft excel templates are
updated in the financial system13) transfer of budget files to the financial system
(check against correct identities, adjustment of errors in budget files and/or tables in the financial system)
14) order of budget reports from the financial system (check against ”excel budgets”)
15) done!!!
about | traditional budgeting 3(3)
ncg | group
• complicated to manage budgets with many dimensions in microsoft excel (accounts, departments, products, markets etc.)
• complicated to manage budget on many levels (structures)
• a lot of effort spent on putting together figures in microsoft excel (complicated links of workbooks, formulas gives many sources for errors)
• central work is often performed by one en (1) person = critical resource in the budget process
• less time for analysis (difficult to get a clear overview)
• difficult to work with parallel budget versions
• no check against tables in the financial system
about | problem areas
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transactionstransactions
strategicinformation
indicatorsratios
about | our solution
formula sapjeeves navision axapta
navision xalnavision attain
ifsbaan
budget/forecast responsiblefinancial department
enteredbudget/forecast
basic dataand
templates
navigator | xlforecast
navigator | xlreport
analysis
updatedbudget/forecast
templates
navigator | xlforecast
ncg | group
• report templates is created in microsoft excel• flexible framework for design
- optional naming etc.
- control codes on row 1 and column a (see xlreport)
- free design of layout
• microsoft excel templates stored and distributed trough the sql-database
about | design of report templates
ncg | group
• budget responsible collects report templates from the database
• reporting of budget values directly in templates• users activates storage to database via menu
option• reported budget values are stored in the
navigator data warehouse• when values are stored control against tables
are performed• authority check (for example that user x are
allowed to store budget values for department 100)
about | reporting of budget values
ncg | group
• xlreport is used to put together the budget• easy to put together figures on different
organizational levels (department, region, company total etc.)
• easy to put together budgets on different dimensions
• no complicated links in microsoft excel to put together budget since xlreport collects values directly from the navigator data warehouse to the budget report
about | order of consolidated budget reports
ncg | group
• xlforecast controls authorities through user roles
• each user are connected to a user role where the authority are defined(for example which table values the user has authority to enter or which functions the user shall be allowed to access)
about | authority control
ncg | group
• xlforecast has a inbuilt table for definition of hierarchal structures
• integration bridges of, in the erp-system, already defined structures
• possible to work with parallel structure trees (version management, simulation possibilities)
about | structure management
ncg | group
• xlforecast works with value types which makes it possible to define your own value types for budgets and forecasts
about | forecast management
ncg | group
• xlforecast log all value updates• Makes it possible to centrally follow up status
for reported budgets and forecasts (per version)• lock functions, centrally responsible locks the
possibility to change budgets or forecasts (per version)
about | logging functionality
ncg | group
about | examples of menus in xlforecast
ncg | group
about | example of reporting
ncg | group
about | example of reporting
ncg | group
about | example of company
ncg | group
• time saving tools for managing the budget process and/or running forecast reporting and follow up
• integrated solution between microsoft excel, data warehouse and ”your” financial system
• all values are stored directly in the database• inbuilt security (authority control and value
check)• easy consolidation of budgets/forecasts (no
links between microsoft excel spreadsheets)• minimized time managing figures = more time
for analysis
about | advantages with xlforecast
ncg | group
about | navigator xlforecast