Budget Portfolio Management
The MySP Budget Portfolio Management designed to orchestrate the budget from initiation to consumption, assign accountability and traceability for every budget line, and enforce that it is aligned with your business strategic goals and constraints.
Reconcile top-down vision with bottom-up demand
MySP Budget Planning and Management
Budget Planning and Management
MySP Budget Planning allows you to gate the budget initiation process and orchestrate the perspectives of risk, business alignment, capacity and budget constraints, generating a what-if scenario that optimizes the budget structure yearly plan while supporting the changes it undergoes through the years. MySP tools do so while integrating with your existing ERP, GRC, PPM and other IT assets.
MySP Budget Management allows you to gate the budget initiation process and orchestrate the perspectives of risk, business alignment, capacity and budget constraints. It generates a what-if scenario that optimizes the budget structure yearly plan while supporting the changes it undergoes throughout the years. MySP Budget Management does this while integrating with your existing ERP, GRC, PPM and other IT assets.
Key features:
Budgent Managemnet:
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Reconciles top-down vision and constraint with bottom-up demand
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Captures constraints, costs, benefits and risk factors to consolidate all decision-making factors
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Multi-perspective demand prioritization
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Automatic and forced demand ranking
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Optimizes the annual plans using what-if scenarios
Budget Planning
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Creates a framework for annual budget planning
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Captures requests for budget (demand management)
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Provides annual plan summary
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Conducts what-if scenarios
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Manages end-of-year procedure
Key benefits:
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Reduce up to 50% of the managerial effort vested in the budget planning and control
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Diminish budget planning duration and maintenance practice
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Set uniformity, accountability, traceability and auditability across the corporation
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Provide comprehensive what-if scenarios for optimizing the entire budget span (CAPEX & OPEX)
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Combine top down and bottom up approaches to orchestrate both budget, capacity and risk constraints within the decision-making process
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Integrate with existing ERP systems