BudgetPak Focus on: JumpStart What-If
When a directive goes out to cut budgeted spending, most seasoned managers know just what to look for. They know where the leverage points are and they go right to them. An experienced manager will look at how much can be saved by pushing back New Hires by any number of months; or push back "all but" certain New Hires. They might take a look at what the dollar impact would be of lowering the standard salary increase; or do that for "everyone except" certain key employees. Or they might assess the dollar impact of taking down all discretionary spending by some percent; while intentionally skipping over strategic, or otherwise earmarked, spending.
Certainly much more complex "what if" scenarios can be run; but these are often the standard levers that experienced budget managers will pull on .
This can be a time consuming process in Excel and prone to error. And once the desired "what if" scenario has been identified, applying those changes can be equally time consuming and error-prone.
XLerant's budgeting software provides a simple solution is to put those classic what-if scenarios into easy-to-work-with "point and click" options . Our budgeting software will not only save considerable time and reduce errors and rework, but line managers begin to develop a better sense of how their budgets really work.
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JumpStart What-If: While our budgeting software can handle any what-if scenario, the pre-formatted what-if scenarios allow even new budget holders to quickly assess and understand their key leverage points (i.e., delaying new hires, adjusting annual salaries raises, etc) |