Vision Budget Management is an innovative and intelligent budget management tool that uses Microsoft Excel and Vision XL to control the entire budget process from your desktop. Vision Budget Management streamlines the budgeting process, delivers control, reduces budget iterations, improves planning, and optimises the use of financial data.

Vision Budget Management allows you to manage all aspects of enterprize-wide budgeting, forecasting and planning. It capitalizes on the powerful functionality of Microsoft Excel, Vision Executive and Vision XL. Individuals within an organization can control their own area of accountability. Responsibility is assigned by Budget, Budget Group and workbook. Budget workbooks are allocated and dispatched to individuals to complete and then return to the person responsible for collation, checking and approval.

Vision Budget Management is used to first build then retain the budget structure. This process includes the identification and allocation of a budget ledger as the Data Warehouse. Once the Budget Administrator has received the completed workbooks, Vision Budget Management validates the contents and transfers the data to the Data Warehouse. Status Codes can be used to manage the stages of budget development and version control enables iterative budget development. Version and Status information is transferred to the Data Warehouse along with the workbook data, allowing sophisticated budget analysis through Vision Executive and Vision XL.

Vision Budget Management is a budgeting solution that incorporates budgeting, consolidation, reporting and analysis.

Benefits

• Budgets are prepared in familiar Microsoft Excel workbooks from within Vision Budget Management..
• Budget access and control is provided by allowing user access only in the areas for which they are responsible.
• Use Audit Trail to track processes and amendments to the Budget, Budget Group and workbook.
• Use Budget Notes, which can be printed or edited from the worksheets in your budget.
• Filtering allows control of the Budget information displayed.
• User Defined Fields can be attached to Budgets, Budget Groups and workbooks.
• Incorporate other files and documents with your budget, for example, Microsoft Word or Vision Executive files.
• Budget outcomes can be reported using Vision Executive and Vision XL. Vision Executive users have access to Drilldown and Breakout functions that allow you to scrutinize the consolidated budget in fine detail.
• Utilize the Format Tables functionality in Vision Executive to highlight abnormalities or inconsistencies in your data, within Budget Management.
• Additionally, Vision Alert can be used alongisde Vision Budget Management for automatic exception reporting and distribution.
• Vision Budget Management incorporates multi-lingual and multi-currency functionality.