- Why Phocas
- Use cases
Phocas Budgeting and Forecasting
Collaborative budgeting and forecasting
A cloud-based budget planning solution to make collaboration easy and ongoing
Built using the latest technologies, Phocas Budgeting and Forecasting is a dynamic and user-friendly cloud-based solution that automates the manual budgeting process. All your data and reports are saved in the cloud, enabling you to securely access your financial budget plans and forecasts and seek feedback from area owners with a workflow-based financial budget approval process. The solution provides an intuitive Phocas interface, while retaining familiar spreadsheet formats to accelerate adoption.
Easy to use
With Phocas’ intuitive modern features, you’ll be budgeting in no time
Designed with the business user in mind, the worksheet maintains the familiar feel of a spreadsheet but with many modern intuitive features and short cuts.
Engage your stakeholders with a secure collaborative solution
User-friendly budgeting allows contributors to readily engage in the process, gain a deeper understanding of the financial data and be more accountable for their numbers.
Start planning with confidence
Budget and forecast with confidence with a driver-based financial model that incorporates accounting, workforce, sales and operational data
The yearly budget season can be taxing as most departments struggle to access vital data to build a budget. With Phocas, you’ll access financial reports, as well as sales and operational data to help you build a budget and plan with confidence. Assign security and share workflows with colleagues so they can directly contribute to the budget.
Turn your budgets into living, value-add tools and replace the static, outdated versions you create just once a year.
See Phocas Budgeting and Forecasting in action.
Automate and streamline budget collaboration with an intuitive assignment, submission, and approval process for each account code line. With built-in security set by Finance, GL codes are only visible to the rightful people.
Designed to have familiar spreadsheet features while retaining a modern Phocas feel, users can navigate the budget worksheet with ease, add commentary to cells and have visibility to other users’ changes in real-time.
Re-forecast estimates during the budget period to form the basis of the next year’s budget. Prepare your forecasts easily, by bringing in current year actuals to-date and revising budget assumptions.
Hear from Phocas Budgeting and Forecasting users
"We had been looking for a faster, simpler way to budget to replace Excel. The first impression with Budgeting and Forecasting during testing and working with the team at Phocas has been enlightening. We believe Phocas will help us implement the great game of business methodology within our business, getting more of our team engaged and understanding the secret language of business 'the financials'."
"The potential to centralize WD40’s entire Europe budgeting program into a single source of truth. The advantages of combining sales data budgets onto the GL is a game-changer for the budgeting process. It removes complex spreadsheets and coupled with workflow and approval processes, ensures the business is only a click away from seeing the current status of budgets or forecasts."
"Phocas Budgeting and Forecasting is an excellent addition to Phocas’ financial offering. It will allow us to budget more thoroughly while saving time. I love that you are able to assign category/accounts to individuals for review, to ensure each department has a say in the budgeting process. I am looking forward to rolling out this product with our live data to budget for 2021."
Understand the past, operate better today, and plan well for the future
Whether you want to get your data organized for your team or you’re looking to combine business intelligence capabilities with financial reporting, planning and analytics… We can guide you. Let’s see if we can help.