F-One establishes a unified integrated finance planning platform which incorporates
each cost center of the company into a unified Integrated finance planning model.
The performance indicators of the branch offices or subsidiary companies, business segments,
and departments are thus linked, achieving data collaborative sharing.
The FP&A department can provide data support for business decisions through simulation and forecast,
and improve market response and management efficiency.
F-One provides all what you need for Integrated Finance Planning
Long-term strategic goals
Budget goals for versions
Goal based historical data
Decompose budget goals
Budget indicator system
Master data management
Notify each department
Mobile budget reporting
Budget adjustment conducted by both the headquarter and branches, Budget adjustment conducted by both the headquarter and branches
Release the execution notice
Overview of F-One integrated finance planning
Are you setting budget goals just following simple rules of thumb?
Data driven, scientific decision
The F-One budget model interconnects sales, production, purchase, and other indicators. For instance, when the sales target is changed, indicators including production and purchase will change accordingly to help you simulate the influence of various scenarios and on the enterprise operation, thereby setting more scientific and reasonable budget targets. Additionally, F-One can combine with historical data to forecast future data using python and R language, providing references for setting budget targets.
Unable to convert budget to concrete performance indicators?
Customizable budget apportionment logic
F-One supports the complicated budget apportionment logic. It decomposes the enterprise strategic targets to the business department and even each production line to form an integrated and measurable performance system, so as to perform the enterprise strategies.
Work around the clock in budget season?
Budgeting workflow wizard
F-One workflow helps you with budgeting. Instructed by the system, staff can complete the budgeting of both the headquarter and the branches, level-based budgeting, data collection level by level, and other budgeting workflows, reducing up to 80% of the time.
Is the budget always inconsistent with the actual expense?
F-One supports a customized rolling model, in which rolling budgeting is performed on a monthly or quarterly basis. In this way, you can adjust your budget to meet the actual needs according to market changes. With this dynamic model, the management can stipulate and adjust the company’s near-term goals and long-term strategic layout.
Overspending the budget each year?
The F-One cost control module can verify expenditures, pre-warn you of the over-expenditures, and have in-process control of the budget. Further, it integrates various cost control systems, making full use of the available IT resources of enterprises.
Do you know why the budget does not match the actual expense?
Budget-actual expense analysis
F-One conducts multi-level analysis of the budget and actual expense in the form of charts and multi-dimensional data reports, creates an analysis system that the management requires, finds the cause of the differences therebetween, and continuously optimizes the budget model.
Wasting a lot of time waiting for available IT resources?
Business user self-service
The F-One Integrated finance planning solution does not require users’ proficiency in programming development. Even ordinary business users can get started quickly. The most knowledgeable business experts can self-manage all aspects of the integrated finance planning, adjust the policies in real time, and respond to business needs, which reduce IT development and maintenance costs.
Previously, it took several days for financial staff to resolve budget issues of a subsidiary. Now, with the budgeting and financial analysis platform provided by F-One, we are offered one-stop and automated service in a real sense.