Comprehensive Budget Solutions
for Utility Service Providers
Comprehensive Utility Budgeting Software
Questica Budget is unique in that it was created with public sector entities and utilities in mind. No matter how large a utility’s budget is, Questica has the tools the company needs to leverage its financial positions, track and evaluate its performance and keep up to date with technological advances in its industry.
By getting rid of inefficient spreadsheets, utilities can increase efficiency, security and transparency. These factors are expected by consumers, who demand reasonable prices and excellent customer service. They also help utilities comply with all federal, state and municipal regulations by ensuring they have the information they need to obtain government approvals.
Questica Budget Operating is our specific forecasting and operating budget solution. Through this platform, utilities can increase visibility into their financials, boost transparency and better control their expenditures, including the cost of their workforce with the Salary and Position Planning module. The salary and position function allows entities to see how changing or adding an employee, such as an engineer, can affect their budgets years down the road.
Questica Budget Capital is our Capital Improvement Planning, forecasting and capital budgeting solution. The Web-based platform works for any sized utility, allowing it to plan for multiple future scenarios and create multi-year budgets. It also gives utilities the ability to separate department budgets, providing each division the exact tools it needs to plan and meet its financial goals.
Salary / Position Planning
The Questica Salary module supports the ability to accurately model and forecast all costs associated with positions and employees. Each Position is associated with a default GL Account and is then assigned a pay grade, step, contract, pay scales and benefits (start and end dates can be associated to each). Union affiliations, job titles, and job numbers can also be entered for each employee and each employee can be allocated to a position or multiple positions in different departments or funds. Position costs can be generated for an unlimited number of years and can be broken down on an hourly, monthly or yearly basis. Each positions cost can be associated to any one (or multiple) departments or costing centers.
The Staff Planning module allows Public Sector organizations to link budgets to staff schedules and more accurately account for the non-productive time like vacation and sick days that must be covered when minimum staffing requirements exist for certain departments.
The Questica Performance module allows Utilities to establish, track and manage their overall corporate objectives. This tool includes the ability to establish measures, define performance targets or objectives and track and report performance towards meeting these objectives. With data feeding from multiple sources including Questica Budget, the Questica Statistical Ledger and other external data sources, Questica Performance allows Utilities to consolidate and manage all performance related information and metrics in a single solution.
Looking to track revenue per customer, establish a revenue/customer target that you would ultimately like to achieve and monitor performance over time towards achieving the target? You need Questica Performance!
Benefits of Questica’s utility budgeting solutions include:
- Long-range forecasting with variable rates
- Long-term debt service management
- Maintenance budgeting abilities
- Salary and position planning
- Actual costs versus budget tracking
- Multi-year budgeting
- Unlimited versioning
- Performance management
- Statistical ledger
- Configurable reports
- Operating impacts for capital projects
- System audits
- Workflows and approvals
- Versatile installation: On-premise or in the cloud
Questica has been implemented in more than 200+ public sector entities and utilities across North America, which budgets ranging from $20 million to more than $4 billion.