Finance and Budgeting

Budgeting is the planning of revenues and expenditures by categories, departments, and centers of financial responsibility. The process involves two key stages: budget creation and monitoring its execution. KPI MONITOR automates budgeting, providing a ready-made solution for monitoring indicators in the sections important for your business.Watch demo

Automated Budgeting and Execution Monitoring

KPI MONITOR simplifies budgeting, reduces manual operations, and minimizes error risks. The system automatically aggregates data from 1C, Excel, and other sources, enabling real-time budget execution monitoring.

Industry-Specific Solutions

Banking

The solution helps banks monitor budget execution across products and branches, reducing the time it takes to consolidate their operations.

Commerce

KPI MONITOR dashboards in commerce allow business to monitor the fulfillment of plans for product categories and stores in real time, promptly identifying deviations and redistributing the budget between points of sale.

Manufacture

KPI MONITOR dashboards in manufacturing allow business to control budget execution by workshops and lines, promptly identifying overspending of raw materials and deviations in product costs.

Service

Visualizing staff workload and service margins allows business to optimize staffing and pricing and increase business profitability.

Advantages of KPI MONITOR

Formalizing the budget system

Multiple analytical measurements

Integration with external applications

Calculation of financial indicators

Responsibility for budget execution

Data for motivational programs

Visibility of planning results

In-depth analysis of the results

Formalizing the budget system

Company budgets are a complex system of interrelated financial indicators. For example, the procurement and production budgets depend on the sales budget.

KPI MONITOR automates this structure by creating a consolidated company budget. The solution generates planned and actual indicators, allowing you to monitor budget execution in real time.

Formalizing the budget system

Company budgets are a complex system of interrelated financial indicators. For example, the procurement and production budgets depend on the sales budget.

KPI MONITOR automates this structure by creating a consolidated company budget. The solution generates planned and actual indicators, allowing you to monitor budget execution in real time.

Multiple analytical measurements

Company budgets are formed depending on the size, direction of activity and the planning methodology used in the company. At the same time, the difference in budgeting approaches lies in linking expenses and income to different analytical groups.
KPI MONITOR:Budgeting supports the creation of an unlimited number of analytical measurements, which provides the ability to analyze and control budget execution in any context (profit center, cost center, other CFD, goods/services, divisions, branches, period, etc.).

Integration with external applications

KPI MONITOR: Budgeting supportsintegration with key financial data sources: direct connection to MS SQL Server and download from Excel files.

When importing, data links with analytics are automatically configured: employees are linked to cost centers, and items are linked to budget sections. Flexible settings allow you to:

Define data matching rules
Configure system filters
Monitor the visibility of indicators

Result: a single space for analyzing budget of income and expenses, Cash flow budget and production budgets with details by responsibility centers, periods and cost items.

Advantage: the accuracy of budget control due to adaptive integration settings.

Calculation of financial indicators

KPI MONITOR allows you to configure and calculate financial indicators directly in the system, without external applications.
The key feature is the use of custom formulas based on imported data.

Example: calculation of the break-even point using the formula:
Tbu = V × Zpost / (V — Zper)
where:
Tbu is the break-even point
V — revenue from sales
Zpost — fixed costs
Zper — variable costs

Advantage: All calculations are performed automatically in a single environment, ensuring data accuracy and consistency.

Responsibility for budget execution

The appointment of a responsible person for a specific indicator of a certain budget, provided for in the KPI MONITOR: Budgeting increases the effectiveness of budget execution control.

Data for motivational programs

The significant impact of budget performance indicators on the financial condition of the company determines the need to take them into account in grading and motivation systems.

Visibility of planning results

KPI MONITOR provides an interactive web interface with a visual display of budget data:

Dynamic real-time reports:

Budget execution trends
Deviations from planned targets

Personalized panels for:

Managers (key deviations)
Financiers (detailed data)
Top managers (summary indicators)

Example: the head of the holding sees only critical deviations from budget goals.
Advantage: Instant budget execution control for all levels of management.

In-depth analysis of the results

Deep analysis in KPI MONITOR allows you to:

Add an unlimited number of analytical slices
Conduct a detailed drill-down analysis of budget indicators
Interactively explore data in any cross-section

Result: identification of the causes of deviations, dependencies, and optimal budget adjustments for management decision-making