Budgeting & Forecasting Simplified
Track, measure and improve organisational performance and results with a compete view of your business. MAGIQ Budgeting is a highly sophisticated and powerful business budgeting software tool for your finance team, extending the capabilities of Dynamics 365 Business Central for budgeting and forecasting.
No more time-consuming manual data entry. Give your finance team more time to focus on higher value analysis to support informed decision making. Forget working in disparate spreadsheets that are ultimately forgotten and outdated and complex. MAGIQ Budgeting enables organisations to remove the departmental silos to see the budgetary requirements of the business in full.
Why is MAGIQ the forecasting, budgeting software Australia prefers?
Your business is dynamic, so your planning and forecasting environment needs to reflect and fit that. MAGIQ lets you create financial statements and forecast revenue quickly, accurately and painlessly.
Improve budgeting accuracy, reduce risk, and leverage automation with a MAGIQ budgeting and forecasting system that works seamlessly with Business Central.
Budgeting beyond the spreadsheet
- MAGIQ budgeting software lets you deliver an accurate and thorough budget through an easy-to-use, intuitive interface.
- Gone are hours of time-consuming manual data entry. Duplicate data-entry is eliminated because the budgetary process is automated.
- No more fake news. A centralised budgetary process eliminates multiple versions and delivers a single version of the truth.
- Give the answers when they’re needed. Create and view multiple scenarios in minutes, not hours and answer questions ‘on-the-fly’ in real-time.
- No unintended access or budgetary leaks. Lock any account, budget area or the entire budget as required for secure access.
Finance management made easy
- Allow managers to easily input their budget and forecasts without the need for strong financial or system skills.
- Sophisticated admin capabilities allow the finance team to establish user access by their organisational structure.
- Automatically consolidates the budget/forecast across the entire organisation.
- Multi-dimensional slicing-and-dicing, drill-down and easy Excel interface supports easy exploration and understanding of budgetary data.
- Allows the total budget to be exported and uploaded to your NAV / Business Central.
- Full audit compliance with line-by-line transaction detail providing a comprehensive audit trail and highly detailed.
Budgeting & Forecasting
- Simplify and automate your budgeting and forecasting process and enjoy spending less time on data collection.
- Confidently share budgetary data and engage with your budget owners to achieve greater transparency and ownership.
- Ability to analyse all financial and non-financial data used in the forecasting and budgeting process (e.g. prior year actual, forecast, and budget data) at summary and detailed levels.
- Allows the setup and maintenance of multiple group budgets, with unlimited phasing options.
- Fully supports best practice processes for budgeting and forecasting.
- Ability to enter full budget commentary with option for mandatory commentary.
“We have easily saved over a month of work in the budget preparation process with MAGIQ, not to mention greatly reduced stress.” – Cathy Branigan, Sacred Heart Mission
A complete view of your business
- A single centralised version of budgetary information.
- Confidently unlock and share your financial and operational data within the business.
- Provide clear and contextual analytics across all of your business systems.
- Deep integration with Dynamics 365 Business Central.
- Construct and generate multiple ‘what-if’ scenarios and funding streams in a matter of minutes and view in real-time.
A single source of reference
- Reduce manual effort by automating manual processes – saving time and improving data integrity.
- Eliminate emails and multiple versions of complex spreadsheets, providing everyone with confidence in the numbers.
- Protect the validity and accuracy of the data you rely on for your business decisions.
- Powerful drill-down functionality right down to the transaction level supporting detailed analysis.
- Streamline and automate your budgetary process gaining more time for analysis and drive agile and informed planning and decision-making.
Informed, Data-Driven Decisions
- Centrally manage and apply all of your business rules and assumptions.
- Enjoy the flexibility to make any changes and apply these once only and accurately reflect this throughout your entire budgeting environment.
- Create a collaborative, flexible budgeting and planning process.
- Empower managers across your organisation to confidently review and input their budgetary data with full commentary.
- Fully understand the impact of your teams’ business decisions within a financial context, delivering improved transparency and accountability.
“Our staff say that previously, the budget did not represent what we do. The budget now is about what our people actually do rather than being a projection based on the previous year’s budget. This is a much more open, transparent process.” – Luke Wheeler, City of Ballarat