CloudBudget is a budgeting solution bringing enterprise budgeting power to small and mid-size organizations. Robust budgeting processes can assist firms and non-profit organizations in a number of ways.
Without a reliable budgeting process, it becomes difficult to determine whether the organization needs to look at acquiring additional cash resources or increasing fundraising efforts. CloudBudget has full pro-forma financial statements available at any time period within the budget, allowing managers to quickly identify both potential cash shortfalls, and opportunities for more rapid spending on their charitable programs, capital projects or promotional campaigns.
CloudBudget uses a variety of modules in order to capture the comprehensive nature of today’s business planning. While some products in the market offer sales and expense forecasting, CloudBudget takes it another step entirely, including balance sheet items such as accounts payable and receivable, fixed assets and borrowing. Even taxes and fixed assets are covered by this product.
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