Stay on top of your most important and complex operating cost - your people.
Integrate headcount into your budget planning
Your finance team needs accurate workforce numbers to budget fixed and variable staff costs (salary, bonus, commission) plus related benefits to avoid any surprises throughout the year. These forecasted expenses are the foundation of every business budget but often don't reflect the bonus period or staff changes accurately.
With the Phocas Budgeting and Forecasting headcount driver tool, talent costs can now be an integral part of your financial and operational planning, bringing clarity to the process and helping businesses to meet their goals.
How does it work?
Want to include people and insights in your planning? Find out more
Beyond the headcount driver feature, Phocas Budgeting and Forecasting is a dynamic and easy to use solution helping automate the manual budgeting process.
All data and reports are saved in the cloud, enabling secure access to financial budget plans and forecasts. Collaboration with other business areas is easy with a workflow-based approval process.
Test the financial validity of variable staffing models so you can hire the best talent while managing costs
World-class encryption ensures your sensitive compensation and bonus payments are secure
Budget owners assign input into the process where useful and talent planning can be carried out remotely or cross-functionally with built-in workflows.