Budgeting refers to the process by which a company or organisation plans and manages its financial resources. This involves setting planned income and expenditure for a specific period of time in order to achieve better control over finances. Budgeting can be done in a number of ways, such as on a project, department or business unit basis.
The CIO CIOCOCKPIT supports the budgeting process not only as a source of all necessary information, such as structures, costs and capacities, but also guides users through each step.
Starting with demands, by means of which one registers one’s needs as a consumer for the coming planning period, via capacities that one must make available as a provider and person responsible for this, via costs that one can derive from the planned capacities, to overheads and approval, one is guided through the process with focused and easy-to-understand menus.
Power users can, of course, obtain a separate overview directly in the business tree at any time.