TeamBudget Operating

TeamBudget Operating - An industry developed solution

TeamBudget Operating was designed in concert with several public sector municipalities to fulfill the specific operating budgeting needs of municipalities of all sizes.

TeamBudget Operating is a secure web-based solution structured on a proven centralized costing center-based budgeting model. It was designed to be a fully featured product, solving the cumbersome and difficult processes of assembling, tracking, analyzing and reporting of operating budgets. TeamBudget Operating was developed to streamline the operating budgeting process by reducing major challenges of Excel® or paper based budgeting.

Streamline Budgeting:

Better Visibility

• detail each budget line with comments
• control access to each cost center
• know where everything is by each stage of review

Reduce errors

• determine which information is required
• lock down budget at any stage of review
• spell checker

Generate reports easily

• centralized information
• numerous built in reports
• customizable reports

Better control over your budget

• multi-year budgeting
• see budget rolled up at many stages
• create budgets in a spreadsheet like grid with formulas
• automatic notifications of changes in the budget or its status
• unlimited versioning and “what-if” scenarios
• Accurate tracking of actual vs. budgeted costs
• integration with your financial systems
• compare budget vs. actual and/or encumbered costs

Salary and Position Planning

• allocation across many costing centers
• budget for existing or unfilled positions
• automated calculations and formulas