Departmental Budgeting
Departmental Budgeting as a Core Component of Capital Planning
While capital budgeting is a core process for your organization, the budgeting engine requires key components to run at top output and efficiency, Departmental Budgeting is a key component.
Bottom-Up, Driver-Based Budgeting with Real-Time Cost Visibility
Enable your organization to build a complete bottom-up budget, delivering real-time visibility into all costs so stakeholders can clearly see impacts to overall finance performance. Driver-based budgeting tools allow organizations to evolve their budgeting capabilities including labor and overhead allocations, labor balancing, and tools to sync actuals for streamlining budget management.
200+ Asset Intensive Customers Trust PowerPlan
Evolve Your Budgeting Function
Transaction Transparency
Budgeted transactions adhere to a configurable budget-level accounting key, facilitating comparisons between budgets and actuals, and integration with capital budgets for improved decision making.
Integrated Ecosystem
Prebuilt integrations across the PowerPlan product portfolio streamline the planning process and ensure alignment with Capital Budgeting & Forecasting, Plant Accounting, and Tax functions.
Driver Based
A driver-based approach allows you to build a bottom-up budget for any account, including labor, vehicles, equipment, etc.
Allocations Engine
Budget allocations engine mimics the actual allocations and enables what-if analysis and outlook or expectancy calculations.
Robust Analytics
Empower management and analysts with graphic and reporting tools, communicate status updates to key stakeholders with unmatched clarity.
Alerts & Dashboards
Automatic notifications and dashboards make it easy for project stakeholders to monitor data and efficiently manage their budgets.
We’ve Helped Customers Achieve Powerful Results
