Budgeting and Forecasting

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CALUMO integrates your planning (budgeting and forecasting) and reporting into one easy-to-use application. Users can enter data securely to the CALUMO database directly via Excel or Web pages.

CALUMO planning models offer driver-based, top-down and bottom-up planning. This data feeds directly and instantly into your CALUMO reports.

CALUMO – it’s one easy to use BI tool.

Budgeting and Forecasting

Case study: From 6 days to two and a half minutes for her 18-month rolling forecast

Traditional tools for planning (budgeting and forecasting) are disconnected from Business Intelligence tools.

In most cases, Microsoft Excel is used for planning and reporting. Building simple models and reports in Excel is fast but it becomes difficult to use as your organization and reporting requirements grow.

CALUMO solves this problem by moving your sophisticated business model into a secure cube/Online Analytical Processing (OLAP), In-Memory Tables, and Online Transactional Processing (OLTP) database. CALUMO gives easy access to entire data and report data fast.


Demo: Web based planning

In this example, Brian is entering his full-time equivalents (FTEs) into a Labor planning model in CALUMO. Through CALUMO’s web page, Brian can enter drivers such as FTEs, salaries and other information to create the detailed salary and on cost data. This data then flows directly to the income statement automatically. The data is calculated on the fly and CALUMO is really fast. Aggregations, currency conversions and allocations are performed instantly so that means no waiting for summary results. Get your answers fast.


Features

  • Flexible planning model capabilities for different cost or revenue structures.
  • Real time data entry (see consolidated result immediately) and calculation of models.
  • Flow-through instantly to reports.
  • Rolling forecasts created and managed very easily.
  • Workflow to manage the planning process.
  • Let people enter data via web-based input templates.
  • Create input templates via Excel with one click.

Benefits

  • Built and run by Finance.
  • Dramatically reduce the time and cost involved in the budget process.
  • Significantly increase accuracy by removing the risk of human error involved in manually handling the data.
  • Retain Excel and all its flexibility as an interface.

1. Save significant time for finance people.

2. Remove key man risk. Report should not be dependent on 1 or 2 people.

3. Self-service BI – business users access their reports and can answer questions themselves.

1. Built and run by Finance People.

2. Dramatically reduce the time and cost involved in the budget process.

3. Significantly increase accuracy. Remove the risk of human error involved in manual data handling.

1. Instant access for Instant visibility.

2. Analyze with ease.

3. Built for finance people and business analysts.

1. Reforecast at a moment’s notice.

2. Remove the constraint of financial year end for decision making.

3. Decrease time required for the budget process.

1. Get answers Instantly, save hours of efforts.

2. Reduce spend on audit fees.

3. Reduce Finance’s investigation time.

1. Access all your data. Make decisions now.

2. Access to your data at any time

3. Don’t wait for other people for information

1. Save days, weeks and months while dramatically improving user satisfaction

2. No more dumping 1,000’s of transactions and massaging in the hope of finding answers.

3. No more waiting for IT or Finance to produce special analysis

1. Get answers Instantly, save hours.

2. Reduce spend on audit fees.

3. Reduce Finance’s investigation time.

1. Dynamic, live and interactive.

2. Month-end is complete when the last journal is posted.

3. No more printing required.

1. Professional and really good looking

2. Use data from any source

3. Always have the very latest data

1. No bottlenecks. You are not dependent on other people.

2. Build Reports with speed and ease

3. Use your existing knowledge of Excel for fast report building

1. Keep Excel as your report authoring tool

2. Remove the excess workbooks you don’t need with Excel

3. Convert Excel sheets to dynamic web pages

1. Fast report building – Finance people and Business Analysts can build and share reports in minutes.

2. Self Service BI i.e. no reliance on IT to produce reports.

3. Trusted and enterprise grade database.

Caas-Network
Web Users have read and write (reporting, budgeting and forecasting) access to all CALUMO Web Portal content.
Office Connected Users have access to CALUMO Office integration with Microsoft Excel, Word and PowerPoint.
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