Document Actions
Budget
The general company budget incorporates the sector budgets, which set out the objectives of each operating unit in quantitative terms.
The general company budget incorporates the sector budgets, which set out the objectives of each operating unit in quantitative terms.
Sector budgets can vary from company to company. The most common sector budgets include the sales budget, marketing budget, production budget, overheads budget, investment budget, etc. Once the sector budgets are completed, they are consolidated to obtain a profit-and-loss budget, a balance-sheet budget and a cash-flow budget.
Tagetik CPM delivers the Budgeting, Planning & Forecasting process
Tagetik is a global provider of the new generation of Corporate Performance Management (CPM) solutions. With over 10 years of experience, Tagetik has embedded the knowledge and best practices of its customers into Tagetik CPM.
Tagetik CPM is an innovative single CPM solution that unifies in a single product all core CPM processes (budgeting, planning & forecasting, profitability modeling & optimization, dashboard & scorecarding, financial consolidation, statutory & management reporting), extended CPM processes (Ex.: credit reporting & analysis, ICT performance management, governance risk compliance) and vertical CPM processes (Ex.: regulatory accounting, cash flow management by project and mandatory reporting).