Frx Forecaster is an enterprise level forecasting tool to
help budget conscious companies achieve an accurate forecast by
providing tools to better visualize the underlying budgetary items, and
avoid a complicated maze of Excel spreadsheets.
Automate complex calculations
With the Rollups feature in FRx Forecaster, reorganizing
your company's chart of accounts is easy. Rollups are parent-child
relationships that control how your posting data summarizes. You can
create Rollups for Accounts, Cost Centers -- or whatever accounting
entities you choose to use in your application. Just define your Rollups
using FRx Forecaster' intuitive drag-and-drop interface, then run a
simple Restate function to consolidate your data.
Feel confident about your numbers
FRx Forecaster makes it easy for managers to input their
own numbers, eliminating the duplicate entry or potential for errors.
Managers can readily make changes to their cost centers by entering data
directly to accounts or by using copy/grow functions, calculated
accounts, or spreadback methods. In addition to improving the accuracy
of the numbers, FRx Forecaster improves the quality of the numbers
because totals and consolidated numbers are available for reporting as
soon as they are input. If there are any problems or any adjustments
required, they can be performed immediately by those who understand the
numbers. What's more, by simply entering a dollar or percentage change,
your budget administrator can make an adjustment that will ripple
through the entire plan. As a result, budgets get completed more
quickly, allowing for more iterations if necessary.
With FRx Forecaster, budgeting and planning is time
well-spent. Accessing up-to-date and historical information from your
general ledger and your financial reports, users can budget and plan
with greater precision. This means a time savings for end users and the
budget analyst, a shortened budget time cycle, a reduction in printing
and mailing costs, and valid, predictive budgets that tie directly to
your strategic plans and help your organization reach its goals.