อินฟอร์และทรัยฟอร์สจับมือกับมหาวิทยาลัยธุรกิจบัณฑิตย์ ผนึกความร่วมมือด้านการศึกษาครั้งแรกในอาเซียน
A detailed and realistic budget is one of the most important tools for guiding your business and providing the information necessary to operate within your means, handle upcoming challenges, and ultimately turn a profit.
Without a budget, it can be like shooting in the dark. A solid budget identifies currently available capital, estimates expenditures, and anticipates revenues. You should continually refer to your business’ budget as a way of measuring performance against expectations. A budget is a planning tool necessary for building a framework for your business and its finances. Combining past trends with realistic forecasts for the fiscal year, a budget provides a detailed view of assets, realistic revenue expectations, and how those balance against your anticipated expenses.
Budgets also help with setting goals and establishing priorities. A budget should detail where funding will come from to execute new strategies and how much revenue that can be generated by executing the strategies successfully. The line items that command the most funding or generate the most revenue typically are high-priority items, and that can serve as a good reminder of your overall strategy when making decisions.
An effective budget should break down revenue and anticipated expenses by month or by quarter, and depending on the size of your business, it should include separate budgets for each department. These departmental budgets also should be broken down by month or by quarter, and collectively they will come together to form your main budget.
Planning also should account for long-term needs. For example, if you anticipate a large expenditure one or two years down the road for computer upgrades, it’s a good idea to start budgeting for that expense in advance.
TRIFORCE would like to propose INFOR solutions to help you to consolidate all data in one place that the organizations can plan, budget and forecast with accuracy.
About d/EPM
Infor d/EPM is the solutions for financial services, can help funnel data from enterprise applications into Governance, Risk & Compliance, Performance Management, and Analytics, all pulling from a single and collects real-time set of data. Moreover, it’s automatically updated, when you make any change.
Benefits
So, after watching we will know that if we use d/EPM we can:
Now, Let’s say goodbye to the spreadsheet and contact us via
E-mail : info@triforcegs.com
Call : 02-235-2312
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References :
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