MAGIQ Budgeting

MAGIQ Budgeting is a highly sophisticated and powerful business budgeting software tool for your Finance team, to extend the capabilities of MS Dynamics NAV/Business Central for Budgeting and Forecasting.

Forget working in disparate spreadsheets that are ultimately forgotten and outdated and complex. MAGIQ Budgeting enables organisations remove the departmental silos to see the budgetary requirements of the business in full.

The solution is ideal for many public sector and not-for-profit organisations to track, measure and improve organisational performance and results.

Why use MAGIQ Business Budgeting Software?

  • A complete view of your business

    • A single centralised version of budgetary information.
    • Confidently unlock and share your financial and operational data within the business.
    • Provide clear and contextual analytics across all of your business systems.
    • Deep integration with MS Dynamics NAV/Business Central.
    • Construct and generate multiple ‘what-if’ scenarios and funding streams in a matter of minutes and view in real-time.
  • A single source of reference

    • Reduce manual effort by automating manual processes – saving time and improving data integrity.
    • Eliminate emails and multiple versions of complex spreadsheets, providing everyone with confidence in the numbers.
    • Protect the validity and accuracy of the data you rely on for your business decisions.
    • Powerful drill-down functionality right down to the transaction level supporting detailed analysis.
    • Streamline and automate your budgetary process gaining more time for analysis and drive agile and informed planning and decision-making.
  • Informed, Data-Driven Decisions

      • Centrally manage and apply all of your business rules and assumptions.
      • Enjoy the flexibility to make any changes and apply these once only and accurately reflect this throughout your entire budgeting environment.
      • Create a collaborative, flexible budgeting and planning process.
      • Empower managers across your organisation to confidently review and input their budgetary data with full commentary.
      • Fully understand the impact of your teams’ business decisions within a financial context, delivering improved transparency and accountability.

     

Budgeting made simple for NAV/BC

 

 

  • Finance management made easy

    • Allow managers to easily input their budget and forecasts without the need for strong financial or system skills.
    • Sophisticated admin capabilities allow the finance team to establish user access by their organisational structure.
    • Automatically consolidates the budget/forecast across the entire organisation.
    • Multi-dimensional slicing-and-dicing, drill-down and easy Excel interface supports easy exploration and understanding of budgetary data.
    • Allows the total budget to be exported and uploaded to your NAV / Business Central.
    • Full audit compliance with line-by-line transaction detail providing a comprehensive audit trail and highly detailed.
  • Budgeting & Forecasting

    • Simplify and automate your budgeting and forecasting process and enjoy spending less time on data collection.
    • Confidently share budgetary data and engage with your budget owners to achieve greater transparency and ownership.
    • Ability to analyse all financial and non-financial data used in the forecasting and budgeting process (e.g. prior year actual, forecast, and budget data) at summary and detailed levels.
    • Allows the setup and maintenance of multiple group budgets, with unlimited phasing options.
    • Fully supports best practice processes for budgeting and forecasting.
    • Ability to enter full budget commentary with option for mandatory commentary.
  • Benefits

    • Give your finance team more time to focus on higher value analysis to support informed decision making.
    • Automation of the budgetary process eliminates time-consuming manual data entry.
    • Easy to use, intuitive interface empowers budget owners to deliver an accurate and thorough budget.
    • Save time and improving data integrity using automated process and the elimination of duplicate data-entry.
    • Centralising the budgetary process eliminates multiple versions and delivers a single version of the truth.
    • Create and view multiple scenarios in minutes, not hours and answer questions ‘on-the-fly’ in real-time.
    • Robust security parameters: Lock any account, budget area or the entire budget as required for secure access.
MAGIQ Software

Get in touch

Mark Kean, Senior Account Manager

For more information about MAGIQ, or discuss your requirements, please fill out the enquiry form for an obligation free discussion with Mark.