Alacrity Results Management is designed to meet all of the above requirements. We started off our design for ARM Budgeting with the assumption that nothing remains constant any more. Senior executives need new analysis. Acquisitions and divestitures occur. New departments and products are added.
New projects occur.
Numbers get revised. Systems providing source information change. Data fed to the system is dirty and needs to be revised. Many organizations think that if they have an accounting system, they have a budgeting system. We distinguish between a budget development process and budget reporting process.