CloudBudget Pro offers a comprehensive suite of tools designed to streamline and enhance the budgeting process.
Key features include:
- Centralized Budget Management: Manage financial resources from a single platform, ensuring accessibility from anywhere with real-time updates.
- Flexible Budget Structure: Create and customize budget structures tailored to organizational needs, accommodating various departments and cost centers.
- Automated Calculations: Utilize built-in financial logic to automate complex calculations, reducing manual errors and saving time. This feature allows simple calculations such as price x quantity as well as more complex formulas.
- Dynamic Reporting and Analytics: Generate customizable reports and dashboards for informed decision-making.
- Real-Time (data) accounting systems Integration: Seamlessly integrate with accounting systems to synchronize spending data and enable accurate budget vs. actual comparisons. Seamless integration with on platforms including Accounting Seed, Certina, Gold Finch and more.
- Quick Start Budgets: Accelerate the budgeting process with current period budgets created automatically from the prior years actual data.
- Role-Based Access and Approvals: Implement role-based access controls and approval workflows to maintain data integrity and streamline the budgeting process.
- Rolling Forecasts: Perform rolling forecasts to adapt to changing financial conditions and maintain up-to-date financial plans.
- Top-Down Planning: Senior management sets overarching financial goals and distributes them across departments. It is possible to budget from both the bottom-up and the top-down approaches.
- Change History Tracking: The system maintains a detailed log of changes, enhancing transparency and accountability.
- Multi-Currency Support: Manage budgets across multiple currencies.
- Salesforce Platform Advantages: Leverage the security and scalability of the Salesforce platform, ensuring compatibility and growth in line with organizational needs.
- Allocations: Distribute budgets across projects, departments, and cost centers with ease. Configure allocation rules, redistribute funds dynamically, and visualize changes in real-time to optimize resource utilization and maintain financial control.
- Excel Mirror: Budget planners have the option to export their budget data to a spreadsheet where they may enter, delete and edit budget data before importing the changes back into CloudBudget. Please note that his feature is merely an option for those preferring to work in a spreadsheet.
- CB Payroll Extension: The CloudBudget application seamlessly integrates with the CloudBudget payroll extension.
- AI Copilot – Use natural language commands to manage budget lines and entire budgets alike. Just tell the CloudBudget AI Copilot to do things such as copy, clone, create budgets for new departments, and handle analytical requests, such as checking the remaining funds for a specific department – there really is no limit.
