Finance Performance Management
Finance Performance Managemen solutions helps organizations to create its Forecasts, Budgets, Cash Flows, Balance Sheets and Consolidations. It can be useful also to calculate Cost of Sales, Payrolls, Duties, Inventory needs, Taxes, etc. Solutions can be done in Excel files but usually more robust tools are used in this area. The use of "cubes" (multidimensional design) allows to input and analyse big amounts of data between different departments and summarise it in real time. Workflow tools simplifies the Forecast and Budget approval process and easily allows you to restrict access to input or review data to the right people. The high capacity of multidimensional design permits the usage of several variables (dimensions) in the system. It allows you to easily complete the company forecast for every product, country, manager, month, currency, version, scenario, etcetera; and at the same time see all this information summarized and available to be approved by the Directors.