{"id":6185,"date":"2021-03-23T13:25:37","date_gmt":"2021-03-23T17:25:37","guid":{"rendered":"https:\/\/solutionsreview.com\/business-intelligence\/?p=6185"},"modified":"2021-03-23T13:28:39","modified_gmt":"2021-03-23T17:28:39","slug":"phocas-software-unveils-new-mid-market-budgeting-and-forecasting-tool","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/business-intelligence\/phocas-software-unveils-new-mid-market-budgeting-and-forecasting-tool\/","title":{"rendered":"Phocas Software Unveils New Mid-Market Budgeting and Forecasting Tool"},"content":{"rendered":"
\"Phocas

Source: Phocas Software<\/p><\/div>\n

Phocas Software recently announced the release<\/a> of Phocas Budgeting and Forecasting, a new solution for mid-market organizations. Phocas Budgeting and Forecasting features built-in forecasting which lets finance teams view past financial, sales and purchasing information at a granular level. The product also enables users to combine disparate data and budgets from one source of information. The release comes on the heels of the company’s January funding round<\/a> worth $45 million.<\/p>\n

Our Buyer’s Guide for Analytics and Business Intelligence Platforms<\/em><\/a> helps you evaluate the best solution for your use case and features profiles of the leading providers, as well as a category overview of the marketplace.<\/div><\/p>\n

Phocas Software offers a cloud-based business intelligence and data analytics solution for the manufacturing, distribution, and retail industries. The product consolidates essential business data from common ERP, CRM, and AP\/AR systems to generate organizational insights and financial performance through historical and predictive analysis. The vendor operates on a core philosophy that enables end-users to track and report on essential KPIs and metrics that are specific to role and industry. Users can also customize reports to meet their unique needs.<\/p>\n

Other key features present in Phocas Budget and Forecasting<\/a> include built-in workflow tools that allow subject-matter experts to engage in the process, worksheets to help navigate the budget add commentary to cells, and provide visibility to changes in real-time, and access to non-financial and operational data already in ERP or other transactional systems. There’s also a self-service add-on to Phocas Business Intelligence and Phocas Financial Statements that integrates with an array of the best ERP systems<\/a>.<\/p>\n

In a media statement about the news, President of Phocas America Jay Deubler said “Phocas<\/span> cloud-based Budgeting and Forecasting makes critical financial planning processes easier. Our goal is to make budgeting more dynamic and live on a monthly basis, rather than as an annualized event. Executives and business leaders can use Phocas to quickly pivot and drive on-the-fly micro-adjustments throughout the year as social, economic and business environments change.”<\/p>\n

Read Phocas launches new budgeting software<\/em><\/a> in the company’s blog to learn more.<\/p>\n

<\/div><\/p>\n

\t\t\t

\"\"<\/a><\/p>\n<\/div>\n\t\t<\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"

Phocas Software recently announced the release of Phocas Budgeting and Forecasting, a new solution for mid-market organizations. Phocas Budgeting and Forecasting features built-in forecasting which lets finance teams view past financial, sales and purchasing information at a granular level. The product also enables users to combine disparate data and budgets from one source of information. […]<\/p>\n","protected":false},"author":23,"featured_media":6186,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[1508,1507,1454],"acf":[],"yoast_head":"\nPhocas Software Unveils New Mid-Market Budgeting and Forecasting Tool<\/title>\n<meta name=\"description\" content=\"Phocas Software recently announced the release of Phocas Budgeting and Forecasting, a new solution for mid-market organizations.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/business-intelligence\/phocas-software-unveils-new-mid-market-budgeting-and-forecasting-tool\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tim King\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" 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