Benefits
  • Shorten your budget cycle
  • Develop rolling forecasts
  • Make more informed spending decisions
  • Substantiate forward-looking test years

A budget system should be a dynamic cost model that balances operational requirements with financial targets – not just a parking lot for static data.

Build a strong Foundation

A solid budget or forecast is built on a strong foundation of accurate, up-to-date information. UIPlanner enables you to:

  • Transform guidelines into easy-to-follow menus
  • View latest spending targets from financial plans
  • Calculate available labor and rates
  • Pull in prior period actual results for rolling forecasts

 

Integrate diverse Forecast methods

With UIPlanner, you can assemble, validate and integrate forecasts developed using diverse methods such as:

  • Spending by resource type (e.g., internal labor, contractor, purchases)
  • Project estimates
  • Units of work (e.g., gas main inspections, new services)
  • Imports from scheduling tools (e.g., Primavera)
  • Uploads of spreadsheets

 

Utilize actual Accounting processes

Spreadsheets lack the horsepower to apply complex accounting rules to your forecast.  UIPlanner can read and apply the rules from your accounting system for processes such as:

    • Translating data from GAAP to FERC
    • Validating accounts and deriving fields
    • Applying loadings and allocations
    • Calculating AFUDC, closings to plant, depreciation, etc.

 

Produce insightful Analysis

Traditional reporting tools are limited to showing what numbers were summarized in a report. UIPlanner allows for much more insightful analysis, such as:

    • The business logic used to develop the forecast
    • Checks for completeness, reasonableness and compliance with targets
    • Driver-based analysis (from work volume, productivity and more)
    • Interactive graphs that allow you to drill into numbers