You are not alone trying to mirror your strategy into a financial plan, your Finive Finance Partner helps you along the way.
We connect to your accounting data and other business data sources to speed the process and create a higher quality final result.
The Finive Budget calculates profit as well as a cash flow plan to be sure your business is able to fund growth.
Finive’s budget model is a database-driven process that is done for you. You communicate the strategy and we calculate results.
Your budget is a financial tool to implement the strategy you have chosen. Finive makes sure your business plan and budget are in sync.
Finive’s unique budget process creates a forced expense review to identify waste and removes excess resources all to save you money.
Five years – 60 months – budgeted
Triple Statement Budget – Income Statment, Balance Sheet and Cash Flow
Product Cost Budgeting
Charts and reports to evaluate strategy
Budget by department, product, and location
Revenue and Sales activity plan
Detailed marketing plan
Forecast funding needs
Detailed expense plan
Multiple scenario suport
Finive recommends and supports zero-based budgeting. With our tools, it is possible to create a zero-based budget without going crazy.
Zero-based budgeting is a budgeting process in which all expenses must be justified for each new period. The process of zero-based budgeting starts from a “zero base,” and every function within an organization is analyzed for its needs and costs. The budget is built around what is needed for the upcoming year, regardless of what happened in the prior year.
Software & Tech
You didn’t start a business to track your cash flow, record expenses, or reconcile accounts. We manage your books so you can focus on revenue.
Free Cash Flow Is | Helping you understand cash flow and become a cash flow winner
Understanding the cash flow activity of the organization creates insights to drive results. The cash performance report creates a clear cash flow picture of the organization by merging the Income Statement and Statement of Cash Flows.
Many organizations are starting to think about the 2021 budget cycle. Before you get too far in the planning consider these three elements to produce a quality budget.
A regular cash flow forecasting routine is a catalyst to achieve your growth goals. The forecasting process will force you to do the mental exercise of working ON your business instead of merely IN it.
Business leaders are often seeking ways to find a higher tier of growth and motivate the team to achieve more than they thought possible. We discuss performance with other words, such as targets and objectives.