The budgeting and forecasting software coupled with performance appraisal system will be equipped with a website which will run in the front end. The system will have a login panel to enable users to access the budgeting and forecasting software at the backend. This web based application will be developed using the latest technology including flat UI design with mobile responsive attributes. The software which will function at the back end will have various modules to enable a company to notify the variances in their budget, reasons for the variations, help in make or buy decision using marginal costing and comparing variable costs to market prices. The software will also point out and flag out the variances department wise, ascertain the probable reason and give out a report to the administrator for the same. The administrator will also have the access to the reports employee wise to ascertain the efficiency ratio, cost to benefit ratio to aid in future performance appraisals of the employee/s. Companies prepare budgets so they can plan the evolution of their business. Budgeted costs allow them to set prices, project sales and estimate profits. For a wide variety of reasons, costs and revenues can come in higher or lower than calculated. Budget variance analysis addresses these differences and helps companies adjust budgeting procedures to avoid similar discrepancies in the future. The software will take into account eh SWAT analysis helping the company to analyze the Strengths, weaknesses, opportunities and threats can be entered dynamically by the companies. The software will aim towards performing certain tasks to aid a company to run their operations efficiently. The software can be broken down into modules which can be scalable to help the company infer the loopholes and plug them also check out the efficiency of the system and employees to take a better decision.
Course Name | Duration | Course Type | Fees(in Rs) |
Software Development | 3 months | Regular | 30,000 |