Budgets and forecasts can strengthen management’s control on operating cost and have a significant impact on the overall productivity and efficiency of the organisation. In order to respond quickly to the competition, it is critical that you monitor your progress towards goals, control spending and predict cash flow and profit as accurately as possible.
We at Whiz Consulting make this possible for you by preparing these reports for you.
Benefits of Budgeting
- Provides a Benchmark of Evaluating Performance against Financial Goals and Objectives
- Helps an Organization Allocate Financial Resources between various Operating Groups
- An effective Communication Tool used to express Financial Goals and Objectives of the Organization
- Align Spending to your Priorities with Accurate and Timely budget-to-actual and budget-to-forecast reporting, Enabling you to quickly respond to Variances
Our Budgeting Services
Preparing Operating Budgets
Prepared Quarterly/Half Yearly/Annually for the company and its departments. Annual Costs of Different Projects are also included in the Operating Budget
Preparing Project Budgets
Prepared for the Entire Life of a Project. They are used to Control and Report Individual Costs for a particular Project
Preparing Capital Budgets
Prepared to help Identify, Assess and Plan for a Company’s Capital Needs to meet their Goals and Objectives. Capital Expenditures include Furniture and Equipment, Capital Software and more
Preparing Cash Flow Forecasting
Helps in identifying Budget Variances