INTERACTIVE A/L BUDGET MODEL AND SERVICE
The Interactive A/L Budget Model provides flexibility and ease in budgeting and forecasting all balance sheet line items, month-by-month, for up to five years.
The Model
- Is easily implemented—our consultants help every step of the way during implementation
- Is delivered to you installed with your credit union's data
- Is fast—change anything about an account and, in a split second, you can see the impact to the overall forecast and budget
- Allows independent input factors that can drive modeling assumptions
- Displays separately income and balances, for each account, attributable to what is currently on your books from what you are hoping to book
- Has a forecasting horizon of up to 72 months
- Allows for a customized chart of accounts to meet your specific needs
- Delivers entire forecast/budget results in less than a minute, including balance sheet, income statement, variance, actual vs. budget reports
- Archives history for comparative analysis
The Service
Same powerful tool, but we operate it for you.
The Training
Complimentary training is scheduled at our Phoenix headquarters. We encourage all clients to call us at any time with questions on how to use the model for forecasting and budgeting.
DATA DOWNLOAD
Highly Recommended
Our Data Download quickly and automatically downloads your financial information into our models. We will map your loans, shares, CDs and GL from your data processor into our Interactive A/L Budget Model in order to set up your beginning position for your simulations, simplify data gathering for your loans, shares and CDs, and update the model monthly to run budget vs. actuals reports.
Contact us for more information.