Annual Budgeting

Your time is valuable, and running your annual budget probably takes up too much of it. You need the right platform to streamline budgeting and increase accuracy.

Whether your methods are bottom-up or top-down or anything in between, MODLR maximises efficient collaboration across departments, divisions, entities and planners.

Separate planning models talk to each other so that all aspects of the plan are constantly up to date with the latest changes. For example - changes to the Sales targets immediately impact the revenue line in the Profit and Loss model.

With MODLR you can assign specific business responsibilities to planners and review progress on the plans in real-time.

Use different budgeting methods for your planning processes including activity based costing, or simpler manual entry or phasing models. Each model component can be run independently and then consolidated into the company's financial and operational reporting.
By combining enterprise modelling software with Excel Workbooks, MODLR provides a scalable and fully featured collaborative planning environment. See below for an outline of how to get started quickly in developing your reporting and planning solution.
MODLR is an open free-form modelling environment which allows your users to model any aspect of the business. When an area of business operations requires additional calculations and business logic, modelling users can create new bespoke models which they can feed into existing models.

ERP Integration

Connect to your ERP to automatically pull the most recent actuals

Excel Integration

Plan and Report on MODLR models from within Excel Workbooks

Driver-based Forecasting

Quantify the financial impact of your changing operational drivers

Notification Support

Send emails or SMS alerts when submissions are made to the budget

Consolidate in Real-Time

Consolidate the plan in real time across entities and business units

Audit-Reporting

View Audit reporting of who changed what, and when

Automated Backups

Your information is safe and secure, no corrupt Excel workbooks or cell formula errors

Access anytime, anywhere

Access MODLR on the cloud to work when you and your team needs to

Variance Analysis

Collect commentary on variances between actuals, budgets and forecasts.

Globally apply logic

Apply business logic across models globally, not in fits and starts across specific cells in specific spreadsheets.

Steps

  • Connect to the Trial Balance
  • Create your Management Profit and Loss Hierarchy
  • Develop your Profit and Loss model for spend planning
  • Develop and link related cost and revenue models to the Profit and Loss
  • Deploy an application to provide users with contextual views of their business for planning

Corporate Planning Tutorial

Have questions?

Reach out to us and we’ll be sure to answer any questions you have.


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