Budgets are only useful if you stick to them (or understand why you didn’t). Our Financial Reporting module provides a simple, effective way for cost centres to compare their budgets to actual financial performance. Managers can monitor their own team’s performance and investigate variances without having to wait for reports. All the tools they need to drill down to detailed transactions are at their fingertips.
Managers who have all the facts can understand their performance history, make comments and explain budget variances, all in real time on the system. This means there’s only ever one version of events in the organisation, and it’s always up to date. Some of our clients use idu-Concept to produce monthly management packs; others just view the reports online around the boardroom table. Detailed information is just a click away.