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A Collaborative Methodology of
Budgeting by Transactions
Budget development is based upon financial transactions with descriptions with
multiple users collaborating to build the budget.
Budgets may be created using the power of Excel using formulas and
then copy/pasted or imported into budget transaction journals.
90 percent of all budget transactions represent regular position salary and benefits.
Our powerful salary projection tool automatically updates all budget transactions
for these regular positions.
Transactions provide a detailed year-to-year record of how budgets are
created providing a budget development record that spans across years and budget officers.
User-Friendly Budget Reports
Flexible report writers for budget, multi-year and
what-if alternative comparisons along with sophisticated,
detailed financial analysis techniques are at the heart of the budget development framework.
Our unique Financial Spreadsheet facilitates easy comparative analysis.
Also, write community-friendly reports that promote your district for your annual budget book.
Multi-Year Planning and What-If Analysis
Easy versioning of budget databases and table-driven parameters provides for
creating quick alternative analysis for budget, labor negotiations and multi-year planning.
Insightful business intelligence metrics such as average costs, benefit costs,
financial ratios and statistics give a better understanding of operations,
business choices and year-to-year strategies.
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Position Budgeting and Staffing
Our Human Resources Database Solution provides an intuitive process for management of positions.
Our standard-setting methodology facilitates staff assignment and FTE allocation
which is the key to effective staff resource planning and accurate budgeting of positions.
Budgeting positions is, in turn, a direct result of good position management.
And, it creates effective collaboration between human resource managers and
business officials yielding improved communications and better budgets.
Integrated Salary Projection
Our integrated salary projection is automatically driven by position management,
employee data, salary & benefit tables and parameterized formulas,
and directly feeds into financial budget transactions.
This builds 90 percent of your budget for you automatically.
Ultra-fast computation rapidly updates salary, benefit and FTE budgets
as positions are assigned or modified or tables are changed.
Position budget reports facilitate accurate staff decision-making
with summaries of full position costs by families, employee groups,
classifications and account fields.
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