Budgeting and Forecasting Tool

General discussion relating to Deltek Vision.
Barbara Bunting
Posts: 32
Joined: Thu May 29, 2008 1:48 pm
Company: H.W. Lochner, Inc.
Deltek Vision Version: 4.1
Number of Employees: 465
Company Position: Vision System Manager
Vision Modules: Project Control; Accounting; Billing; Time; Expense; Resource Planning; CRM; Proposals; SF forms; Visualization
Number of Offices: 26
Year Vision Installed: 2008
Location: Salt Lake City
Contact:

Budgeting and Forecasting Tool

Postby Barbara Bunting » Wed Jul 14, 2010 2:22 pm

We are looking for an on-demand budgeting and forecasting tool that will tie into our Vision database and allow us to have a rolling 13 period forecast. We want to use information from the following Vision sources:
• Employee Info Center to drive the staff information (names, locations, rates, standard hours per day, etc.)
• Opportunities Info Center to drive a portion of forecasted revenue (potential future backlog)
• Planning to drive a portion of forecasted revenue (current future backlog)
• Resource Management to drive the employee billable utilization information
• General Ledger to drive the overhead expense information

We have only found two companies that provide this type of tool but neither currently use Opportunities, Planning, and Resource Management to drive the revenue forecast. Only one of the two companies can provide information for a 13 period fiscal year (vs. a 12 period fiscal year).

Is anyone aware of companies providing this type of tool?

Barbara Bunting
Posts: 32
Joined: Thu May 29, 2008 1:48 pm
Company: H.W. Lochner, Inc.
Deltek Vision Version: 4.1
Number of Employees: 465
Company Position: Vision System Manager
Vision Modules: Project Control; Accounting; Billing; Time; Expense; Resource Planning; CRM; Proposals; SF forms; Visualization
Number of Offices: 26
Year Vision Installed: 2008
Location: Salt Lake City
Contact:

Re: Budgeting and Forecasting Tool

Postby Barbara Bunting » Wed Sep 22, 2010 10:01 am

We discovered that the Satori Group has a nice product (Excel interface) that ties into the Vision data. It currently works with the employee and GL information. They are in the process of developing a new forecasting tool that integrates opportunity and planning/resource management information into the model to drive the revenue side of the forecast. The GL budget can be uploaded into Vision once the annual budgeting process is complete. Their product also allows for forecasting capital expenditures and for a rolling forecast. We are on a 13-period fiscal year and this is the only product we have been able to find that will accommodate that. We have purchased this new product and anticipate using it for our upcoming annual forecasting process in January 2011.

You can find more information on their web site: www.satorigroupinc.com or http://bit.ly/cG4fBi which includes a case study. They we be presenting information on this new tool at the Large Firm User Group meeting this October in New Orleans.

If you have any questions regarding this new model, please let me know.

eulkloss
Posts: 1
Joined: Mon Jul 18, 2011 3:54 pm
Brief Company Description: Satori Group, Inc. is the provider of proCube, a high performance, in-memory Business Intelligence
platform. Powered by proCube, Satori solutions for planning, budgeting, reporting, and analytics allow
your organization to share data in real time and work collaboratively across the enterprise to gain
actionable information that drives your business forward. proCube and its solutions scale to fit any size
budget and deploy on-premise or in the cloud.

Satori Consulting & Services, with domain expertise and knowledge of best practices across industries,
provides strategic planning, implementation, project management, and on-going support for your
business intelligence solutions.
Deltek Vision Version: 6.1
Number of Employees: 15
Company Position: Business Development
Number of Offices: 0

Re: Budgeting and Forecasting Tool

Postby eulkloss » Thu Feb 12, 2015 11:36 am

Just an FYI for anyone that finds this thread. Satori Group, Inc. has now become 9Dots Management Corp, LLC found here >> http://www.ixdots.com

meaglin
Posts: 195
Joined: Thu Nov 05, 2009 10:36 pm
Brief Company Description: Deltek Vision Consultant
Deltek Vision Version: 6.1
Number of Employees: 2
Company Position: Owner/Consultant
Vision Modules: ALL
Number of Offices: 0
Year Vision Installed: 2005
Vision User Group: Utah
Contact:

Re: Budgeting and Forecasting Tool

Postby meaglin » Sun Feb 22, 2015 1:27 pm

I can build you a forecasting tool inside of Deltek Vision that will work with Standard Vision Project Reports. I have done this now multiple times. Please contact me as I can provide you with many references on my work...
Mel Eaglin
meaglin@vrsllc.com
Visionary Reporting Solutions
San Diego, CA 92109
http://www.vrsllc.com/
http://www.deltekvisionconsultant.com/deltekvisionblog
Phone: (858) 245-8956
"Skype Name: mel.eaglin"


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