Financial budgeting and forecasting are vital pillars for the financial control of any enterprise. Interest income and expenses are key factors driving growth and stability, along with other fee based income and expenses. Surya's Planning and Forecasting System (PFS) helps budget, forecast and measure performance with automation of data collection and management to prepare budgets, plan benchmarks, forecast costs and revenues and compares actual performance with budgets and benchmarks.
It enables you to meet your end-to-end budgeting and forecasting requirements by accurately modeling budgeted and forecasted values on balance sheets and profit and loss. It also helps evaluate financial performance on a daily basis and mitigate risks with financial planning to increase productivity and performance with better day-to-day visibility of financial performance. The system can interface with any general ledger system to receive actual data and allows you to set financial targets by creating an unlimited number of forecasts.