Every organization has a budget plan, which is an important tool for controlling the organization’s income and expenses. This plan will be planned by all departments, whether it is the accounting department, HR department, and senior management.
Budget planning is a long-term plan that is prepared once a year. The advantage is that it helps control the organization’s budget and the management can easily track the results. Triforce has Infor solutions to recommend. This solution will help organizations plan their financial budget allocation more easily.
Interesting Facts
d/EPM is a solution that fits with financial accounting planning systems that collect and update real-time data, so organizations can easily and accurately budget, plan, and estimate.
Highlights
- Helps make decisions quickly: View budget and strategic plans on the same page, saving time and reducing duplication of work.
- Easy Access: Easily accessible via smartphone, laptop or iPad, these devices will allow you to access information or plans anytime, anywhere.
- Support all currencies (multi-currency)
- Support revenue & expense allocation
- Data can be retrieved from both Infor systems and other internal systems that the organization has.
- There is a workflow to support budget preparation, submission and approval.
What happens if an organization uses d/EPM?
- People in the organization will have more time because the d/EPM system can plan, adjust, forecast quickly and plan ahead.
- It is a central database for the organization, providing information that all parties can reference.
- There is a dashboard and alerts to manage risks.
- Reduce the time it takes to prepare financial statements and deliver financial reports to management much faster.
d/EPM is a combination of Business Intelligence , which includes analysis, prediction and risk assessment in a single solution. You can see the advantages and overview in the VDO below.
After watching this, you may see that d/EPM can help solve the following problems for organizations:
- Helps reduce manual work and errors, such as making a budget in Excel and losing data, forgetting to save work or the work file expires.
- Accounting planning is now easier – see goals, responsibilities and measurable results.
What else can be done in the d/EPM system?
- Create reports in a variety of formats, including graphs, charts, and more.
- Budget and plan your finances, create what-if scenarios
- Data can be easily imported and exported in a ready-to-use format.
Having read this far, I believe that many people would like to use d/EPM solutions in their organizations. If you are interested, you can contact TRIFORCE at
Email : Info@triforcegs.com
Call : 02-235-2312
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