Top Down Budgeting in Planning Analytics

In the first post of this series we looked at some of the considerations for implementing Top down budgeting, you can find this post here.

Planning analytics leverages the existing Actuals reporting to make Top Down Budgeting a simple enhancement. Planning analytics data spreading functionality enables budget holders to input high level values to be automatically allocated into business units.

To highlight a top down budget, I have created a copy of the Profit and Loss cube which holds data by version, period, years, regions, chart of account line and measures:

Working with Spitfire Analytics has resulted in the Finance Team becoming an integral part of the business. We are now able to provide analysis and strategic advice on the future direction of the business, rather than spending our time poring over endless spreadsheets.

- Lee Boyle, Finance Director – Engineering, NG Bailey

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