The subsystem provides the following functions to manage 3 stages of budget management:
- Creates and approves the budget plan of each division, unit
- Monthly budget updates.
- Monitors, views reports and analyzes with the Dashboard.
Create Budget Plan
The subsystem provides the following functions:
- Sets up costs for each division, unit.
- Manages budget plan costs:
- Set up plans for each division, unit.
- Approves the plan according to the budget approval process.
Approval process is dynamically set up for each division, unit.
Update implementing figures
Every month, employee responsible will update costs for each division, unit.
Monitors, views reports and analyzes with the Dashboad.
The subsystem provides reports, statistical plan as following:
- KPI plan implementation cost of each division – allows monitoring actual expenditures compare with planned expenditures:
- Green: % of actual/ % of planned < 60%
- Yellow: % of actual/ % of planned >60% and <100%
- Red: % of actual/ % of planned >100%
- Compares actual monthly expenditure with planned expenditure.
- Allows analyzing compared with previous years.
- Implementation plan dashboard of each division:
- Allows analyzing compared with previous years
- Automatically generates different type of graphs to analyze: Grid, Bar, Stacked line, Line, Line with Markers, Pie.
- Allows analyzing data from previous years.
- Allows drilling down to each division, each expenditure, each periodss.
