TeamBudget Features & Benefits
Questica’s TeamBudget Suite eliminates your current spreadsheets and offers a system designed to solve your unique challenges – all while integrating with your current financial system.
Web-based
TeamBudget is accessible from any computer running Internet Explorer 8/9, Mozilla Firefox, Google Chrome, and Safari for Mac. Because it’s web-based, there is less training required for users, so they can begin work in TeamBudget almost immediately.
Transparency
Individual departments can track budgets in real-time – offering the highly-sought after transparency.
Performance-based Budgeting
Whether you call it Performance Measurement, Performance Management or Budgeting for Outcomes, TeamBudget can integrate in many different ways with your organization's strategic plans and initiatives, leveraging Key Performance Indicators (KPI's) to allow you to report budget and actuals for programs and activities in the context of your long-term goals. We also feature Service-level Measurements and reporting, to help define and manage the relationship between community wide service areas and various elements within the budget.
The upcoming release of TeamBudget's Strategic Planning module will allow you to develop, align, and tightly integrate business plans with budgets, and measure performance to plan through a variety of customizable dashboards and reports.
Customized Reports
With automated reports that can be customized to fit your needs and can be re-run quickly, easily and without dependence on your IT department, you won’t spend weeks preparing a budget book.
Position, Salary and Benefit Budgeting
Track and report on the largest part of the budget – your people – without jeopardizing the accuracy of the budget. With TeamBudget, the traditional manual, error-prone, time-consuming, labour intensive process is a thing of the past. You can even allocate your positions to multiple budgets and any changes will automatically be reflected in each and every instance.
“What If” Scenarios
TeamBudget’s unlimited versioning and “what if” scenarios make it simple to understand the impact of a specific change on the budget as a whole.
Multi-year Budgeting
Stretch your budget farther and make plans for down the road with the ability to budget and forecast many years down the line. And, perhaps most importantly, always have an answer for your boss.
Changes
With TeamBudget, each department can be given access to their own budget and can make the necessary changes, updates or revisions on their own. With one database housing all the budgets from various departments, changes are easier to make – and the overall impact of changes can be seen immediately.
Automatic Notifications
Simply put, you’ll always know what’s happening with your budget. That means you can plan based on changes – and keep track of everything that’s going on automatically.