Budgeting and forecasting are not just planning exercises — they are essential tools for steering the business. Yet for many finance teams, budgets and forecasts live outside the reporting process, tracked in spreadsheets and disconnected from actual results.
To close this gap, BrizoSystem introduces a new Budget & Forecast feature, allowing finance teams to input, track, and compare budgets and forecasts directly within the reporting environment.
Why Budgeting and Forecasting Need to Live in Reporting
In many organizations:
- Actuals are prepared in reporting systems
- Budgets and forecasts are maintained separately
- Variance analysis requires manual reconciliation
- Group-level comparisons are time-consuming
This separation slows down analysis and increases the risk of inconsistency. Finance teams need a single place where actuals, budgets, and forecasts come together.
Introducing Budget & Forecast Input in BrizoSystem
With the new feature, users can now:
- Input budget figures directly into BrizoSystem
- Maintain forecast versions over time
- Keep planning data aligned with reporting structures
Budgets and forecasts follow the same entity, account, and reporting logic as actuals — making comparisons meaningful and consistent.
Comparison Reports: From Numbers to Insight
Alongside data input, BrizoSystem now supports comparison reports that allow users to:
- Compare actuals vs budget
- Compare actuals vs forecast
- Track variances across entities and periods
This enables faster performance reviews and clearer conversations with management, without relying on offline analysis.
Input Helper: Smarter Forecasting, Less Manual Work
To support realistic and efficient forecasting, BrizoSystem includes an input helper with multiple projection methods.
Instead of typing every value manually, users can project data using structured logic that reflects real business behavior.
Available Projection Methods
Repeat the value
Use the same value across future periods — ideal for stable cost lines.
Repeat the value with an amount add-on
Result = value + amount
Useful for fixed step increases such as rent or contract adjustments.
Repeat the value with a percentage applied
Result = value × (1 + percentage / 100)
Commonly used for growth-based assumptions.
3-month moving average
Result = last 3 months average × (1 + percentage / 100)
Helps smooth short-term volatility while applying a forward-looking assumption.
6-month moving average
Result = last 6 months average × (1 + percentage / 100)
Ideal for more stable trend-based forecasting.
These methods reduce manual effort while improving consistency and logic in forecasts.
Built for Real-World Finance Teams
The Budget & Forecast feature is designed to:
- Support multiple versions over time
- Keep planning aligned with actual reporting data
- Reduce spreadsheet dependency
- Improve speed and confidence in analysis
Most importantly, it ensures planning data is reporting-ready from day one.
Better Planning, Better Decisions
When budgets, forecasts, and actuals live in the same system:
- Variances are easier to explain
- Trends are clearer
- Decisions are faster and better informed
This transforms budgeting and forecasting from static exercises into active management tools.
Final Thoughts
Planning only adds value when it connects to reality.
With the new Budget & Forecast feature, BrizoSystem brings planning and reporting together — helping finance teams move from tracking numbers to driving performance.
It’s not just about forecasting the future.
It’s about understanding it, measuring it, and acting on it.