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TABS - Tracking, Analysis and Budgeting System
Information is power. Power to react to competitors. Power to quickly make the correct decision. Power to succeed in volatile markets.

Every scrap of information released to the financial community is scrutinized with little forgiveness for inaccuracy. Knowing how to react to competitive situations can determine your very survival. Without the power of accurate information, when you need it, your ability to succeed is diminished.

So how do you get your information? A mad scramble to consolidate hundreds of disparate spreadsheets? Does your staff work into the night trying to compile business critical information only to be left with an educated guess? KnowledgeLab can help give you the power.

KnowledgeLab has developed the premier operating & capital budgeting software available. "TABS (Tracking, Analysis and Budgeting System) is a sophisticated full featured operating and capital budgeting system, purchasing interface, business intelligence and work flow tool for senior executives to plan, track and adjust expenses, providing instantaneous information to make decisions crucial to the success of their business."

Unlike spreadsheets or other budgeting packages, TABS is a comprehensive system to create detailed operating and capital budgets, track expenditures and personnel costs to actual expenses and manage vendor relationships including volume purchase agreements.

TABS is a stand-alone database system with spreadsheet functionality, interacting with your current financial / ERP software to provide accurate real time analysis of your current situation. Unlike other solutions, TABS may be installed and ready to use in days, not months or years as with ERP / Financial modules that require extensive and very expensive development and integration.

Once implemented, TABS becomes a working tool for running your business. Why use spreadsheets that are rolled up once a year? TABS is utilized year round to manage and analyze expenditures, tracking them to budget. Budget adjustments and changes can be made through out the budget cycle, monthly or quarterly. Any purchase outside of approved budgets is flagged ensuring you maintain control of your business.

TABS is scalable for use by global Fortune 50 companies with thousands of users, and unlimited budget centers, to medium sized companies with 500 users. The process begins with developing a budget from the top down or bottom up with line item detail and supporting documentation. TABS is intuitive and easy to use for anyone familiar with spreadsheet data input.

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