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Budgeting as part of continuous management


The budget transforms the company's goals into euros and concrete plans.

Revise EPM connects budgeting to actual data, forecasts, and business metrics.
Thus, the budget does not remain a plan created once a year, but becomes part of

continuous company management.

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Turn goals into a concrete plan

Budgeting connects the company's goals to available resources. Growth targets, sales, personnel, investments, and costs can be transformed into a common economic plan that can be monitored.


1

Goals

What is the company aiming for?


2

Resources

How are people and money used?


3

Financial impact

How do the plans affect the income statement, balance sheet, and cash flow?


4

Monitoring

Is the plan being realised?


The budget makes the financial impacts of the company's objectives visible.

Build your company's budget based on the business

Revise In EPM budgeting, planning can be built according to the needs of the company's business and combined with actual data.
Sales
Plan revenue based on factors such as customers, products, salespeople, business areas, or other essential elements for the company.
Costs

Plan fixed and variable costs and their development.

Personnel

Consider the impact of personnel and personnel changes on the company's costs.

Investments

Plan investments and their financial impacts.

See the impact of the plan on the entire economy

The company's plans affect each other.

Sales growth may, for example, require additional personnel, inventory, or investments. These
in turn affect profitability, funding needs, and cash flow.

The goal of budgeting is therefore not just to look at the income statement, but to form

a comprehensive picture of the company's financial development.


The budget tells the plan – the forecast tells where you are going

The budget prepared at the beginning of the year is based on the information available at that time.

However, business changes.

Sales may develop faster or slower than expected. Costs change.
Recruitments are postponed. Investments are made at different times than planned.

Therefore, a continuously updated forecast is needed alongside the budget.

Continuous budgeting cycle


Prepare for alternative futures as well

One plan is not always enough. Different versions and scenarios of the budget can be used to assess alternative development paths and their impacts on the company's economy.

Base scenario

Business develops as planned.

Growth scenario

Sales grow faster than planned.

Cautious scenario

Demand or profitability develops worse than expected.

A single entity for business management

Revise EPM connects the company's planning, goals, actuals, and metrics for management use.


Strategy & goals

Align the company's direction with measurable goals.

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KPIs & dashboards

Monitor the essential metrics of the business.

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Budgeting

Transform goals into a financial plan.

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Forecasting

Keep the future outlook continuously up to date.

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Reporting

Connect actuals and comparisons for management use.


Cash flow

Connect actuals and comparisons for management use.


Analytics

Identify deviations, trends, and areas for development.


AI & management support

Leverage artificial intelligence in analysis, making observations, and supporting management

as features develop.

Make the budget a continuous part of company management

Revise EPM combines budgeting, actuals and forecasts into a single management entity. See where your company stands, compare progress to goals and update the future outlook as the business changes.

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