- Easily adjustable line items
- Vast array of available built-in financial models
- Ability to create custom models
- Comprehensive modeling
Easily adjustable line items
Predefined templates, easy-to-use wizards and import tools for your existing spreadsheets are all available to quickly start creating your budget line items. Have it be a small company budget, a department budget or a budget by geography and more. Changing your line items and account tree in your budget is easy with the drag and drop feature.
Vast array of available built-in financial models
Use predefined, accurate and comprehensive built-in modeling tools for P&L, Balance Sheet, depreciation schedules, expense allocations, revenue recognition schedules and much more. No need to write or maintain impossible-to-trace formulas for every standard budgeting feature.
Ability to create custom models
Create your own models with spreadsheet-like visual tools to calculate your own business metrics with your own specific drivers and calculations: such as subscription revenue, revenues by customer cohorts, hiring requirements or travel expenses by department. Easily state your assumptions and drivers, and compute values with our advanced visual formula editor which will protect you from computational errors. Models can take data from lines in the budget, compute values, add data to the budget and display data on the dashboard. Budgeta’s models are easy to read and our budget navigator will show you dependencies and help navigate between dependent lines and formulas.
Comprehensive Headcount Modeling
Manage employee and contractors headcount in a single easy to use table. Model start date, termination date, base salary, bonus, employee ID, benefits, location, salary change and allocation of costs for individuals or groups. Set assumptions for the entire company or specific departments. Filter employees by department or geography and easily manage new hires.
Comprehensive Revenue Modeling
Easily define recurring revenues with separate booking, billing, and payments dates. Each revenue stream can be linked to a geography or product. Predefined revenue models are available for SaaS, subscriptions, services as well as perpetual licenses and support maintenance including renewal streams with different churn rates. You can specify P&L recognition versus cash timing for each booking item.
Comprehensive Expense Modeling
Budgeta auto-calculates and auto-fills the amounts each period when you define the expense’s start and end date, frequency and period over which the expense occurs. Each expense can be linked to a department, geography or product.
Expenses can be independently entered, derived from other lines by calculation or derived from headcount. You can model your amortization schedule by defining the expense’s service date, frequency, amount and number of years to amortize. Efficiently allocate expenses based on headcount or percentage without having to create formulas.
Each budget line can be related to one or more dimensions, which includes geography, department and product. For maximum agility you can choose to fill-in just one dimension or all or split an account between two dimensions of the same type. And, of course, reports can be viewed and produced by any dimensional element.
Work with the currency or currencies of your choice. Switch the currency for any account, department or geography. Use our automatic conversion rates or enter your own assumptions.