Clarity
Budget Web (CBW) is a highly scalable, enterprise-wide budgeting,
planning and forecasting solution that supports the budgeting
processes for a wide range of financial and operational needs.
With CBW users can create annual budgets, perform mid-year
re-forecasts, develop long-range plans, and create operational
budgets. CBW supports many budgeting methodologies including
top-down, bottom-up, activity based, and zero-based budgets.
Some of the key features in CBW include:
Feature-Rich Data Entry Templates
Within any planning application, there is a need for end-users
to key data into the system. Clarity Budget Web provides
end-users with an easy-to-use, flexible and secure data
entry environment. CBWs Template Builder provides
the administrator(s) with the ability to easily create feature-rich
templates that are tailored to each organizations
specific requirements.
Excel-like Look and Feel Over the Web
The learning curve for new users to CBW is dramatically
reduced due to the intuitive data entry templates and reports
with an MS-Excel look and feel. All of the formatting capabilities
of MS-Excel are available in our data entry templates and
reports. Also, because nearly 80% of global corporations
still use spreadsheets for budgeting, the move to CBW is
quick, seamless and well supported by users within the organization.
Workflow Management
With CBW users can easily track the status of the budgeting
process by entity and can use the multi-level approval process
with secure locking features to ensure that the budget is
reviewed and approved in a controlled fashion.
Tight Security
CBW supports a three-tiered security architecture that ensures
both the quality and integrity of data as well as confidentiality.
Revenue and Expense Planning
Clarity Budget Web provides a flexible environment to support
any organizations revenue and expense planning requirements.
Data can be entered by account or by line-item detail and
advanced spreading features help to speed up the data entry
process. Users can also very easily move data to MS-Excel
and store a copy locally or work off-line.
Salary Planning
The Salary Planning functionality within CBW allows users
to enter detailed salary information by person, that is
stored and summarized within the system by period. Backed
by tight security, the information is then posted to the
applicable accounts.
Capital Planning
Capital Planning lets users enter capital information by
individual capital asset, or by asset category. Automatically
calculating depreciation expenses by asset or asset category,
the system stores this detailed information and also summarizes
this data by period, to post the data into the applicable
accounts.
Business Rules and Allocations
CBW has a sophisticated calculation engine that supports
the ability to define complex business rules that can be
customized for each CBW implementation. These business rules
can be embedded within a template so users can see the impact
of their data entry in real time, or, the business rules
and allocations can be embedded within the database.
Secure Audit Trail
Clarity Budget Web provides a user-friendly audit trail.
Each time data is sent into the database, a compressed copy
of the data is stored in the audit trail. With this data,
users can easily determine when the data was updated, and
who updated the data.
Highly Scalable Architecture
CBW's web architecture is designed to support very high
concurrent activity.