- Dynamic tool
- Web access
- Approval workflow
- Authorization levels
- Previous period final balance
- Continuous monitoring
- Manual and/or batch updates
Features
- Dimensions management
- Company structure management
- Variance management
- Security & authorizations
- Budget progressing & forecast management
- Reports
Net Target
The budget: from goals definition to final balance check
Net Target, solution of the Tesi Business Control Tower, satisfies structured and continuous planning and monitoring company requirements and activities by means of a specific budget management per area.
It is an easy to use and extremely flexible tool supporting both revenue and cost goals definition even controlling their effective figures in comparison with periodic balances and forecasting.
Net Target allows:
- Inheriting previous years final balance data and/or import the same ones from company ERP (flat files, Excel spreadsheets, xml files, etc.)
- Data and unique information sharing among all interested structures
- Exchanging common data with other applications (sales forecast, production planning, provisioning, etc.)
- Budget consolidation based on approval workflow
- Budget and balance variances continuous monitoring
- Budget re-computing based on simulations
- Automatic budget versions management
Involved Company Areas
Net Target can be configured to answer to single company areas specific requirements. Here below some samples:
- Commercial Area (Sales Budget definition and control)
- Logistic Area (Transportation Costs)
- Purchasing Area (General Services Costs)
- Finance and Control Area
- Human Resources Area (Personnel Cost Budget)
- ...
