How would you describe your IT budgeting process? How would you describe the cooperation between IT and business managers to develop a budget? How accurate are your forecasts? How could the process work better? After years of experience with customers, Nicus delivers a solution to the often difficult process of developing an IT budget and accurate forecasting.
M-PWR is the only solution available today for collaborative development of IT budgets. Any business user can be provided with full access to the current year and prior year data in order to provide individual budget information through a web-based interface. IT no longer needs to spend valuable time collecting information and presenting it to users followed by tedious meetings to gather budget input. IT can instead devote time to advising business partners on budget decisions and integrating the overall IT budget.
M-PWR also enables rapid forecasting based on parameters selected by the user. M-PWR provides straight line forecasts, “what if” scenario modeling and many other forecast models. Since M-PWR maintains forecast data in a separate data structure, multiple forecasts may be saved, changed or reused with different parameters.
M-PWR budgeting and forecasting requires no customization and is available upon installation.