Organizations are constantly looking for painless ways to allow for greater participation in the planning process and create an environment of accountability. In our discussions with companies we find the following common themes in what they are looking for:
CPM utilizes a spreadsheet style interface minimizing the learning curve. CPM provides a single integrated platform for budgeting and reporting so that your Managers do not have to be trained on multiple applications and also reducing the confusion of having more than one version of the data.
CPM integrates process controls
CPM budget entry templates are tightly controlled and cannot be altered by managers to ensure accurate aggregations of information. They also have tight security controls to control which Managers can edit and/or view which planning templates.
CPM version control allows you to manage multiple copies of the budget and ensure that Managers are working within the correct version of the plan. Approval levels ensure that senior management approves the Manager's entry before it is consolidated.
CPM also allows you to track Budget Managers progress and track the actual dollar changes being made by user.
One shared database
CPM's single shared database allows for real-time collaboration regardless of where the user resides. Using one shared database also allows you to make changes to your templates after they have been rolled out to users so if you add an account or change a formula, you will not have to collect back the worksheets to make changes or wait until another budget pass.
With CPM's single shared database, you can also be sure that all managers will be managing to the same version of the final approved budget.
Web Architecture
CPM's web architecture has numerous advantages such as rolling out to remote locations, the elimination of desktop installations and real-time collaboration between users.
