Budgeting, forecasting, and financial reporting system
PROFITstar Budget is an ideal solution for institutions in need of a comprehensive - yet flexible - budgeting, forecasting, and financial reporting system that integrates with any core operating system.
It offers top-down and bottom-up budgeting. Whether your budgeting is done on consolidated financials or at the branch/cost center level and rolled up, PROFITstar Budget provides the tools to get the budget done quickly and accurately.
The budgeting process is simplified with PROFITstar Budget by the institution’s ability to generate user-defined scenarios and projections. Custom variance reports and graphs can be generated with just a few mouse clicks.
What It Does
- Imports general ledger and application data from almost any core system.
- Creates and compares multiple "What if?" models to determine the most profitable strategic direction.
- Shares the same database with the organizational and product profitability accounting software, PROFITability.
- Generates standard and custom reports with the built-in Report Wizard and Report Writer tools.
- Creates easy-to-understand, visually appealing presentations with customizable, full-color graphs.
- Creates custom report packets.
What It Does For Me
- Simplifies the budgeting process.
- Grows with an institution to meet the budgeting needs of both smaller institutions and larger, multibillion dollar holding companies.
- Provides fast and accurate imports of general ledger and instrument-level cash flow data.
- Customizes to a financial institution's individual financial information.
- Provides proactive follow-up contact, support, and education.
- Offers additional training and consultation upon request.