The system enables the preparation of cost budgets, their updates, the creation of forecasts, and the automation of monthly management reporting and performance monitoring. This makes cost controlling processes more efficient and transparent.
Implementing FlexiEPM frees the organization from the limitations of Excel, providing a tool that allows costs to be planned, monitored, and analyzed consistently.
By integrating actuals, budgets, and forecasts in one place, the system ensures security, consistency, and transparency across all streams of operational cost planning and reporting.
By implementing FlexiEPM, you gain an effective tool for cost controlling. The system processes and stores actual data while also supporting the preparation of budgets and forecasts. This way, you can combine all available information into a single, consistent cost management process.
FlexiEPM automates the monthly cost reporting cycle. Interfaces with accounting systems, management reporting rules, and a unified data model ensure that budget execution reports are available with a single click.
An interface integrated with Microsoft Excel allows you to retain your existing cost reporting formats and templates. With FlexiEPM, you can migrate your current reports into the system seamlessly.
The system allows you to report, analyze, and monitor costs on a monthly, quarterly, or year-to-date basis. It also supports rolling 12-month reports. At the same time, FlexiEPM guarantees consistency and reliability of reference and historical data.
FlexiEPM is a powerful cost controlling tool directly integrated with accounting systems. It automatically imports posted documents, transforms accounting data into controlling dimensions, and prepares management reports — ensuring consistency throughout the process.
The system enables advanced data analysis by breaking down general ledger details and flexibly using available dimensions. Mapping tables group accounts into budget categories, simplifying cost reporting and monitoring according to organizational requirements.
FlexiEPM integrates with most popular accounting platforms, such as Microsoft Dynamics, Enova, Comarch, or Symfonia, and with SaaS solutions via API. This enables automated, consistent cost reporting and monitoring.
FlexiEPM supports cost management through transparent budget execution reports tailored for managers. Business unit leaders and budget holders can access customized reports, enabling them to monitor budget performance and analyze variances.
The system manages user permissions so that each individual receives reports with relevant data. Drill-down functionality provides instant access to accounting document details — just one click to view the breakdown of a cost item.
With FlexiEPM, cost controlling becomes simpler and more efficient. Automation eliminates the need to prepare separate files and forms for large organizations. Fully integrated with Microsoft Excel, the system preserves existing report layouts, minimizing training requirements and making adoption fast and smooth.
FlexiEPM simplifies and transforms cost planning with a modern tool for managing company budgets. The system replaces traditional Excel templates, enabling the creation of budget forms for managers and automatic consolidation of entered data.
It allows you to integrate cost budgets and forecasts with other planning streams, such as sales, investments, or headcount. This consistency of data and efficient information flow significantly improve the planning process and cost management.
FlexiEPM offers a full range of functionalities for effective cost budgeting and forecasting, adapting budget forms to the specific needs of your company. With planning rules and formulas, you can replicate your business model in the system, while flexible roles and permissions bring your business processes directly into the tool.
The system eliminates typical Excel-related bottlenecks in cost planning. Managers and budget holders get a simple, intuitive tool for planning and monitoring execution, while the controlling team gains robust support in automation and data analysis — making business decisions easier and more accurate.
FlexiEPM provides comprehensive support for enterprise cost management, enabling precise allocation of overheads to profit centers, business units, customers, distribution channels, or projects.
The system fills the information gap where accounting systems fail to deliver sufficient detail for controlling purposes. As a cost allocation tool, it supports profitability monitoring by allocating costs in line with management needs.
It integrates cost controlling with other reporting and analytical processes, ensuring automated management reporting and consistent, accurate data. Allocation models implemented in FlexiEPM transform accounting data into actionable insights for management.
FlexiEPM eliminates the limitations of Excel-based allocation processes. Thanks to its multidimensional data model, the system provides the optimal solution for organizations whose ERP or accounting software lacks the required analytical depth. FlexiEPM minimizes risks and inefficiencies, delivering full support for cost controlling processes.
#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.
