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.