Intelligent Budgeting Framework

Make your budget work for you

Xebia's Intelligent Budgeting Framework (IBF) on Appian is an enterprise-wide budgeting platform focusing on making the forecasting process more agile, dynamic & intelligent with the help of compelling features.

See it in Action

The Business Impact

Improved organizational efficiency and productivity

Significant reduction in total turnaround time for the budget planning process

Improved financial and strategic decision-making using real-time financial facts and forecasts

Improved budget accuracy through collaboration, predictive forecasts, and a powerful what-if calculation engine

Collaboration and alignment between all key stakeholders

Key Functions

Configurations to set you up on Day 1

• Import, integrate or simply set up the relevant budget parameters (Departments, Categories, GL Accounts, Users, Actuals, etc.) to kick-start your planning process.

• Configure a dynamic planning cycle for each department, user role and project to get the planning and forecasting spot on.

Tailored planning for each budget category

• Configure the data capture requirements for each GL Account, which provides the capability to capture exactly what is needed for various budget categories under CAPEX, OPEX, Revenue or HR. 

• Example categories are specialized workforce planning, travel expenses, subscriptions, events and public relations.

What-if analysis, re-forecasting and scenarios

• What-if analysis gives relevant stakeholders the capability to execute and analyze the overall impact of certain changes and visualize the impact at run time.

• All scenario executions are versioned for Finance to revert to any scenario and finalize one of them as the budget.

Power of data and analytics

• CXO, Department Heads, Project Managers or the Finance Team can view historical information in a format they can understand quickly to predict the right future and help ensure mistakes of the past are not repeated.

• A dynamic report framework provides the ability to generate a workbook of the entire budget - including cash balance sheet, abstract and other budget reports by department or categories.

Future-ready

• The data structure is created in a way that it seamlessly integrates with core systems to have one source of truth.

Our Ecosystem

Partners

Elite Partner with 650+ consultants and 1400+ implementations, driving rapid low-code transformation, training, and automation.

Contact

Let’s discuss how we can support your journey.

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