Exploring the best budgeting software for professional services organizations
For professional services organizations, financial success is all about the people. Literally. You need to have the right people in the right place at the right time. And that takes planning. In fact, detailed personnel planning is the backbone of budgeting and forecasting for services companies. With so much coming and going, spreadsheet-based systems don’t cut it. You need business budgeting software that allows for complex, dynamic planning and reporting, such as Adaptive Planning from the Adaptive Insights Suite.
7 ways to transform budgeting with professional services automation software
Adaptive Planning is the market leader in cloud-based budgeting, forecasting, and reporting. It offers rich functionality and an easy-to-use interface with Adaptive Insights, the world’s most usable cloud corporate performance management (CPM) application.
With Adaptive Planning, forecasting future success has never been faster, easier, or more accurate. Here’s how:
- A single, consolidated source of truth. Adaptive Planning does away with static spreadsheets and broken calculations and formulas. Instead, you’ll have flexible planning software that centralizes budgets, actuals, plans, forecasts, calculations, and cell notes to ensure integrity—from summary to detail. A common data foundation ensures that your planning processes scale with your business.
- Integrated business planning. From budgeting expenses to creating financial statements and forecasting revenue, Adaptive Planning accommodates all types of modeling—including workforce—across all industries and sizes.
- Continuous planning and rolling forecasts. Adaptive Planning enables rolling forecasts with integrated driver-based scenarios that you can tune in real time. Easily available actuals, assumptions, and modules as well as responsive calculations and reports let you proactively manage change, model outcomes, and course-correct as your business demands.
- Step-by-step planning. You can easily create role-specific guides for your users, linking directly to the location in the financial model where their input is required. Now, new or occasional users can collaborate in each budget and planning cycle, and business users can more quickly complete all the planning steps.
- Easy, powerful, and fast formulas. With Adaptive Planning, you have the ability to create formulas that accurately reflect your business. Extensive business logic and calculations make it easy to write, explain, and maintain complex formulas. These can be applied anywhere in your model, such as planning or analysis.
- Seamless user experience. Adaptive Planning offers multiple interfaces that let your people work in their preferred environment. Users can work with easy-to-use, web-based planning sheets that deliver an Excel-like experience. The Excel Interface for Planning lets users work directly with the software, ideal for working offline.
- Enhanced planning with reporting and visual dashboards.
Adaptive Planning is part of the Adaptive Suite, so you can enrich your planning process with dynamic, interactive reports, data visualizations, and visual dashboards. An enterprise-level view—including corporate metrics, operational performance, and functional KPIs—lets you immediately adjust plans and forecasts based on visual exceptions and trends.
With Adaptive Planning, forecasting future success has never been faster, easier, or more accurate.
Drive a competitive advantage with RKL and Adaptive Insights
As a professional services organization, RKL eSolutions understands how important planning is to your bottom line. That’s why we’re proud to offer Adaptive Insights, the best budgeting software for your business. Let us help accelerate your financial cycles and move full-speed toward success with Adaptive Insights today.
