Integra helps cut expenditure and increase efficiency at Lewisham Homes.
With the Integra Budgeting and Forecasting Module our customers can ease the complexity of their financial management and reporting processes, eliminate spreadsheet inaccuracies and loss of control, and fulfil regulatory compliance requirements on time and with confidence.
The Module allows for defined processes to be established for budget preparation, in-year forecasting, and future year financial modelling.
Streamline Information Gathering
The Integra Budgeting and Forecasting module takes budget setting and monitoring a step further, introducing key functionality to streamline your budget setting and forecasting exercises.
The application allows for easy generation of a Payroll Budget for the year using individual employees’ details imported from your payroll system. This includes Whole Time Equivalents, Allowances and Split Roles.
The calculation of the Payroll Budget uses Pay Scales and Pay Points, including calculations for Employers’ Pension and National Insurance Contribution.
In addition the import and maintenance of cost drivers for the apportionment and allocation of budget data has been added to the module. This enables the spreading of fixed costs across multiple budgets.
Functionality extends to allow for the easy flow of budgets through the various stages of both the budget preparation and in-year monitoring processes.
The facilities available will help manage the budget setting process and will allow workflow messages to be sent to Budget Managers/Service Managers with a link to an approval/amendment screen.