9Dots’ driver-based Budgeting & Forecasting solution gives organizations built-in best practices that support timely data collection, collaboration, and analysis enabling organizations to reduce budgeting cycles and increase forecasting frequency.
Reduce time spent budgeting
Forecast on-demand & at regular intervals
Maximize end-user productivity
Forecast Key Metrics like billable hours, rate realization %, & worked value
Securely distribute and collect budget information from all levels of the organization
Dynamic driver-based modelling
Eliminate clerical spreadsheet errors
Advanced “what-if” scenario creation
Effectively support critical business decisions
GENERAL LEDGER PLANNING
The core framework to build a successful budgeting & forecasting process. Working from a forward-looking Profit & Loss template, users build up the budget by entering information into the centrally managed application for each defined business unit (i.e. Practice Group, Office, Department). Working schedules allow for more complex line items to be broken out & managed at a lower level of detail. Management controls the process by entering rules for guidance and validation in the administration interface. Administrators are able to take snapshots and create versions in order to create comparatives and what-if scenarios.
STAFF PLANNING
Manage, plan & forecast FTE’s, New Hires, Attritions, Transfers, Headcount, and leaves of absence.
COMPENSATION PLANNING
Manage, plan, and forecast Salaries, Bonuses, Overtime, Allowances, Taxes, Benefits, and all other employee related expenses.
CASH CYCLE PLANNING
Planning for Cash in-flows. Forecast a number of metrics that are important to your firm. WIP, Writeoffs, Realization Rates, AR Inventory, Collections, etc.
REVENUE PLANNING
Allows user to plan for, report, and forecast key metrics associated with the employees of their company. Track Metrics like billable hours, rate realization %, worked value, utilization, collection realization%. Users are also able to see this by profit center or discipline.