FlexiEPM is your reliable budgeting partner, combining the functionality of Microsoft Excel with modern solutions based on a central data model. This makes everyday work in spreadsheets simpler and more efficient.
The system eliminates the need for complex formulas and links, allowing multiple users to work in parallel without blocking each other. FlexiEPM offers the intuitiveness and flexibility of Excel while ensuring data integration on Microsoft SQL Server, which supports accurate management reporting.
Choose a solution that makes it easy to combine data from different sources and systems, giving you full control and consistency.
Work with planning templates takes place directly in Excel spreadsheets. The system provides budget sheets through which users enter data into the model.
Full integration with Excel makes the implementation of the new tool practically seamless for participants in the budgeting process.
The system’s architecture minimizes the need for additional training, and its intuitive operation enables quick adoption across the organization. All templates are properly secured — planning sheets are password-protected and locked so that only selected values can be modified, in line with the user’s assigned role.
The system enables intuitive and automated creation and management of budgeting templates. By involving operational managers in the planning process, budgeting for cost centers, customers, markets, or projects becomes simpler and more efficient, while the unified template layout makes data analysis and comparison easier.
The system eliminates the need to manually prepare Excel files and spreadsheets for each organizational unit. Templates are centrally defined and shared with users, allowing each manager to plan their part of the business quickly and automatically. With online access to the latest version of the template and data, changes in the model are managed centrally.
Updates such as new products, planning items, or actuals for the next month are automatically visible to all participants in the process. This solution removes the need for manual corrections in Excel files and formulas, saving time and minimizing the risk of errors, while giving you full control over the budgeting process.
Although budgeting templates are available in Excel, all data is stored centrally in a multidimensional data model based on Microsoft SQL Server.
This allows users to save planning data directly into the model, ensuring automatic consolidation and processing according to predefined rules.
With this architecture, issues related to refreshing links or broken Excel formulas disappear. The system guarantees data consistency and accuracy at all levels of aggregation. Partial budgets are automatically integrated into the results of business segments, divisions, or entities, eliminating manual operations such as running VBA macros or refreshing links to other workbooks.
The system eliminates the need to work with heavy spreadsheets (10–20 MB) that slow down daily work and require long processing times to open, recalculate formulas, or save data.
Thanks to “lighter” reports and budgeting templates, data updates take only a few seconds, and consolidated reports can be shared quickly without issues caused by large attachments.
The system enables multiple users to work simultaneously without the limitations of locked files or sheets. Unlike traditional Excel-based planning models, FlexiEPM allows each participant to update their data in real time, eliminating the need for extra communication and coordination.
FlexiEPM is an excellent alternative to custom-built tools created with VBA, Power Query, or Access. While such in-house solutions may be impressive, they often carry risk — maintaining them requires ongoing oversight by the creator, and their absence or departure can cause serious operational issues.
FlexiEPM provides a ready-to-use solution that can be adapted to existing reporting frameworks, reducing implementation time and leveraging proven practices gained from projects across various industries.
The budgeting system also helps optimize the skills of controlling teams, enabling them to focus on data analysis and simulations. Instead of spending time improving their knowledge of Excel, VBA, or SQL, analysts can act as business partners to management, delivering greater value to the organization.
#KNOWLEDGE BASE
In this post we will answer some common questions on how to recognize and manage lease and perpetual usufruct arrangements to ensure compliance with IFRS 16. We will explain the steps involved in the valuation of assets and liabilities for different types of contracts.
The adaptation of IFRS as an accounting standard affects the presentation of values in financial statements, especially in the context of leasing and rental under IFRS16.
The article examines these changes, showing how this standard modifies the balance sheet, profit, and loss statement and cash flow statement, highlighting key differences and new challenges in financial reporting.
IFRS accounting – scenarios If you want to make sure that your lease contracts are valued in compliance with IFRS 16, you have several alternatives. Here are
Streamline your planning, controlling, reporting, and consolidation processes in a single system.
Eliminate errors and reduce time-consuming tasks through integration and automation.
