Budgeting & Forecasting
As budgets tighten throughout the public and private sectors, organisations are under greater pressure than ever to make smarter spending decisions. To do this properly, it’s essential they have access to reliable and effective budget management tools.
At Advanced Business Solutions, we provide a robust and effective tool for financial and non-financial budgeting and forecasting. It can dramatically improve your planning, budgeting and forecasting by eliminating the use of multiple spreadsheets and the associated time and risk.
Importantly, we are one of the most experienced providers of budgeting and forecasting technology, for both financial and non-financial processes. We first developed our market-leading solution in conjunction with our own customers, and have been honing and refining it over the past eight years.
The brave step away from Excel for budget preparation, monitoring and forecasting
The capabilities and benefits of our solution
Easily integrated into other systems
Our solution lets you automatically extract information from other systems (such as ERP or HR) and incorporate it into your plan. This provides a whole range of extra functionality, including the ability to compare target information against actuals.
Faster working for smarter decision-making
By speeding up operational and financial planning, you can share your plans, budgets and forecasts with the business quickly and accurately. And you can rapidly integrate feedback into the plan for a single, clear and accurate view. This collaborative method gives you accurate information more quickly, for better decision-making.
Suitable for complex scenarios
It’s easy to create linked plans that accurately reflect complex dependencies. By changing the underlying business logic, you can test and compare numerous ‘what-if’ scenarios quickly and easily.
Want to know more?
To read about customers who have used our budgeting and forecasting solution – and to use our return on investment calculator to see how much it could save you. You can also call us on 0845 160 6162 for more information.
Contact us about our Budgeting & Forecasting solutions
26 related resources available for download
OpenAccounts - extending the finance function
OpenAccounts is a fully integrated, award-winning suite of financial accounting modules. It’s designed to help lift the load from finance teams, so they can focus on adding value to the business. It...[more]
Accurate Cash Flow Management
Provides effective management of cash through flexible modelling facilities and integration with Finance system data....[more]
Advanced Business Solutions - Finance, HCM & Back Office Software
The Business Solutions division provides accounting, payroll, HR and collaborative applications through its two business units, Public and Private Sectors, each aligned to its customer base and with i...[more]
Advanced your business with Business Intelligence for financial services organisations
Implementing a Business Intelligence project often involves considerable investment in time and money. It's about having the right approach and mind-set to create a successful project to receive the d...[more]
Borough of Broxbourne Council invests in smart budgeting and forecasting solution to provide a real-time view of spend
Having a real-time view of spend and anticipated spend is an ongoing challenge for many councils. In 2007, Borough of Broxbourne Council addressed this challenge head-on by replacing Excel spreadsheet...[more]
Budgeting and Forecasting System from Advanced Business Solutions helps Denbighshire Council to reduce overspending
Denbighshire County Council has improved reporting efficiency, gained greater control over its financial performance and reduced overspending by implementing a budgeting and forecasting system from Ad...[more]
Discover how Advanced Business Solutions can help you to make better decisions. With deep insight into your data, you and your organisation can plan, operate and improve decision making processes to b...[more]
Camden Council works better with Advanced Business Solutions
The Advanced Business Solutions budgeting solution is enabling Camden Council to streamline the budgeting process and make it much faster and more effective, in accordance with the council's strategic...[more]
Cheshire West & Chester Council delivers £1m+ savings with Collaborative Planning
Cheshire West and Chester originally earmarked savings of £500,000 over three years through the closer cost-control enabled by Collaborative Planning. The impact of the project has thus far exceeded ...[more]
Cheshire West and Chester Council targets £500,000 savings
Council targets £500,000 savings with the help of Advanced Business Solutions' budgeting and forecasting system integrated into Oracle...[more]
Collaborative Planning - Joined up, automated financial planning, budgeting and forecasting for local authorities
Collaborative Planning from Advanced Business Solutions is a powerful and highly flexible planning, budgeting and forecasting software solution. It helps local authority organisations take back contro...[more]
Collaborative Planning - Joined-up, automated financial planning, budgeting and forecasting
Collaborative Planning is a powerful and highly flexible planning, budgeting and forecasting software solution. It helps organisations take back control of resource management by removing much of the...[more]
Collaborative Planning - Joined-up, automated financial planning, budgeting and forecasting for NHS organisations
Collaborative Planning is a powerful and highly flexible planning, budgeting and forecasting software solution which integrates with all leading financial management systems. It helps NHS organisation...[more]
Collaborative planning provides dramatic speed improvement in the budget cycle
Edge Hill University is using Advanced Business Solutions' Collaborative Planning solution to more effectively manage and provide greater visibility into the University's budget across numerous depart...[more]
Gloucester City Council cuts budget loading time from ten days to minutes
Gloucester City Council has improved its business efficiency by using a budgeting and forecasting system from Advanced Business Solutions (ABS). The software has helped the Council to reduce its budge...[more]
How can CFOs empower their employees to think ahead?
In today’s uncertain climate, CFOs are not only under scrutiny to address cash flow and revenue challenges but are also seen as key advisers around forecasts, profitability and key strategic decisio...[more]
HSJ (Health Service Journal) Efficiency Supplement, Feb 14
Advanced sponsored this supplement, refer to page 6 and 7. 'Follow the money' systems to integrate trust financial data and forecasts promise to give leaders better grip on spending and save on cumber...[more]
Managing budgets in the public sector survey report 2013
This survey report provides a current snapshot of how budgets are currently managed in the public sector and the challenges or opportunities presented by current systems of choice in terms of closer w...[more]
Next-generation budget management in the public sector: Transforming transparency & devolving decision-making
In the context of the multiple challenges finance managers now face, the following white paper explores how they can tackle a number of these in one fell swoop by transforming their budget management ...[more]
Next-Generation Budget Management in the Public Sector: transforming transparency and devolving decision making
This paper educates on a new approach to budget management, opening with the importance of tighter budget management in the current climate and concluding on the impact that can be recognised from bot...[more]
Norfolk Constabulary is using Advanced Business Solutions' Collaborative Planning application for budgeting and forecasting. Seamlessly integrated with Norfolk Constabulary's e5 financial system, the ...[more]
OpenPlanning Software provides leading business application software that enables public and private sector organisations to retain control, improve visibility and streamline their processes. Our affo...[more]
Public Sector Budgeting & Reporting Strategies
Public Sector organisations will need to further transform their budgeting processes to deliver the cost efficiencies the Government is demanding over the next few years. The new Efficiency and Reform...[more]
South Kesteven District Council
Based on our pre-determined criteria, Advanced Business Solutions emerged as the winner,said Richard Wyles, Financial Services Manager. Due in large part to its ease-of-use and flexibility, Advanced w...[more]
The Corporate Performance Management/Business Intelligence Conundrum - A Finance Manager's View
It is one thing to have a wealth of data and quite another to deliver direct benefits from it. To achieve the latter organisations need information strategies that are specific and goal-oriented.
University of Aberdeen Expels Excel Spreadsheets in Favour of Advanced Business Solutions' Collaborative Planning
The University of Aberdeen is implementing a budgeting and forecasting system from Advanced Business Solutions in place of Excel spreadsheets, improving budgeting effciency whilst maintaining control ...[more]
"We are able to carry out forecasting at a more detailed level, which gives a lot more accountability. At any time, we can compare budgets and forecasts for all the departments."
Download Case Study
"Directors, in particular, like the fact that they can instantly view the status of spend and planned spend in real-time, rather than having to wait until the budget reports have
Download Case Study
Borough of Broxbourne Council
"By mirroring our previous spreadsheet layout, the design of the Collaborative Planning
system is easy to use and has reduced the collation of information from our budget holders from two weeks down t..."
Download Case Study
Edge Hill University