Budgets are used to build detailed outlines of expected outcomes over a set time period and forecasts estimate and compare performance over time. Companies may value one approach over the other, but all concur that operational views of budgets and forecasts are best to guide strategic and tactical decisions involved in managing costs and growing profits.
ImpactECS leverages data from existing ERP systems, shop-floor, finance or production systems to build budgets and forecasts that deliver real insight. With ImpactECS, finance teams the ability to adjust or flex any model input to calculate expected results without wrangling with the challenges of spreadsheet analytics.
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