Corporate Performance Management
Using the FastClose Excel Addin, plan budgets, leveraging historical data and then upload to benchmark performance.
Unlike conventional solutions, FastClose maintains security and control by storing budgets internally while retrieving real-time financial data from the secure ERP database. This dual database approach ensures flexibility without compromising security.
Planning and budgeting are of course, indispensable in any business operation.
FastClose offers a unique, integrated approach that addresses the complexity in blending live actuals from your ERP system with data from your planning models, without compromise the integrity and security of your ERP system.
FastClose simplifies the planning process by
By pulling actual financial data in real-time from the ERP database, FastClose:
The system’s flexibility is further extended by its capacity to store multiple budgets to facilitate re-forecasting during the year.
Businesses can adapt to changes and respond to new insights dynamically, whilst ensuring that they are always working with the most current data for decision-making.
While many budgeting and planning solutions focus narrowly on the general ledger, FastClose recognizes that planning extends far beyond the accounting department.
With its innovative solution, FastClose allows for planning and reporting across a multitude tables in your ERP, providing a holistic approach aligned with the diverse needs of a modern business.
This enables FastClose to accommodate planning requirements not just in the general ledger but in other critical business areas such as sales, projects, inventory and manufacturing.
By enabling planning and reporting over any table in the ERP system, FastClose enables businesses to develop more comprehensive plans for the future.
FastClose does not sidestep the security and control that ERP systems are designed to provide.
FastClose innovative approach to budgeting and planning ensures that businesses no longer have to choose between flexibility and security.