The Sales Budget contains the summary of the targets set in terms of sales revenue in the following year.

Which requires market analysis (competitive analysis of trends and consumer trends, economic dynamics, etc..), as well as internal information (development of sales, orders received, customer loyalty, etc.)..

With respect to sales, quantities to sell and therefore the quantity to be produced, prices and the mix of sales.

Regarding the choices inherent in the volume of production affect, among other factors, the production capacity, the pervasiveness of markets of products and the degree of competition.

Discover How Tagetik 3.0 delivers the Budgeting, Planning & Forecasting process

For further reading download the following white paper:

• "Planning and Budgeting in European Companies: Performance management concepts, solutions and perspectives"

  BARC Institute, Wurzburg, June 2008

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Tagetik is a global software vendor of the first unified Performance Management & Financial Governance solution to help CFOs and CIOs simplify complex business processes.

A complete financial closed-loop software, Tagetik 3.0 unifies key processes and applications – such as budgeting, planning & forecasting, financial consolidation, financial governance, strategy management, profitability modeling, working capital analysis – to manage and control overall performance, support compliance initiatives, harmonize different views of critical financial data, enable maximum visibility down to business transactions. In this way, the CFO can support the CEO in monitoring the implementation of strategies, ensure their sustainability and control corporate performance.

Since the software leverages “built-in” processes and cross-platform technology – fully web-based and integrated with any ERP, our customers can profit by up to 50% reduction of the total cost of ownership (TCO).