How does Zoho help in budgeting and forecasting financial activities?
Zoho Books and Zoho Analytics together provide comprehensive budgeting capabilities:
Budget Allocation by Project/Department: Allocate limits and track expenditures.
Forecasting Models: Use historical data to project revenue, expense, and cash flow trends.
Variance Analysis: Highlight areas where actuals exceed or underperform budgets.
Scenario Planning: Build multiple budget versions for best, base, and worst-case financial scenarios.
Collaborative Review: Involve stakeholders in approving and adjusting budgets.
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