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Project Budgeting Software from Atlantic Global
In today´s competitive business environment it is no longer acceptable for organisations to carry out once a year planning. They need to be more flexible, with survival based on speed and agility. Where budgets are tied into the organisations strategy and updated as and when the business environment changes.
However, many organisations struggle to make this reality, facing challenges in collecting and consolidating budget data, mainly because traditional budgeting software assumes a static business environment or consists of non-integrated legacy systems. To have real value a budget must be a living plan that can be continually revised and updated in response to market changes. A budget that takes three months to prepare will almost certainly be outdated and irrelevant by the time it is rolled out, wasting countless man days in the process.
Create Simple Time, Cost, Expenditure and Revenue Budgets
With Atlantic Global you can easily create simple time, cost and revenue budgets to track your project performance.
Create Overall Project Budgets, Activity Based or Role Based Budgets
Budgets can easily be created for a specific project, a specific activity within a project or a specific role, such as the amount of Consultancy expected on a project.
Quickly Create Budgets from Project PlansA simple wizard enables you to quickly create an overall budget and any role based budgets directly from your project plan. |
Understand Budget Status - Track Budget versus ActualsAtlantic Global tracks actuals based on your timesheet and expense entries and compares them to your budgets values. The system supports the comparison of time, costs, revenue and expenditure. |
Create Financial Forecasts based on Resource and Expenditure Requirements
For organisations with more complex budgeting requirements or those that need to assess financial and resource capability, Atlantic Global provides the ability to easily forecast your demand for resource and your planned expenditure.
Implement Business Level Top Down BudgetingAtlantic Global supports enterprise level budgeting enabling you to directly input budgets allocated to specific business areas, strategies, initiatives or programmes. |
Roll up Project and Programme Forecasts using Bottom Up BudgetingFor more advanced budgeting requirements Atlantic Global enables you to create budgets from your financial forecasts. Budgets can be automatically calculated based on your resource demand and planned expenditure. |
Analyse Budget Performance by comparing Planned vs. Actual vs. Forecast
Atlantic Global puts you in complete control of your financial performance. Comprehensive financial management features enable you to easily compare budgets, actuals and forecasts in both a graphical and data format.
Manage Multiple Budget Versions - Approve and Baseline BudgetsAtlantic Global provides the ability to create multiple financial forecasts and budgets to explore different financial and resource scenarios. To enable comparison, forecasts and budgets can have multiple statuses including unapproved, approved, live and base-lined. |
Understand the Impact of Change - Compare and Analyse Forecasts and Budgets
Atlantic Global’s enterprise PPM functionality provides comprehensive financial management and scenario modelling capabilities, enabling you to create multiple financial forecasts for comparison.
Centralise Budgeting
Atlantic Global provides essential insight into your organisation and the flexibility to react quickly to changing market conditions. Executives can create top down budgets and "push down" the budget to lower levels of the organisation. Line managers and department heads can create budgets and submit them for approval. All of those involved in the budgeting and planning process will have less effort in collecting and managing information and more time to analyse it.
Company resources can be directed towards new opportunities or reallocated based on sudden shifts in the business landscape or in support of new strategic initiatives. Budgeting becomes an ongoing interactive process, providing the ability to revise budgets based on continuous flows of accurate performance data, both financial and non-financial, connecting the planning process to daily operations and closing the gap between strategy and execution.
