Financial Budgeting and Planning Information System

Group No. 4

Scope
Limited to Major FIS head Information system in each FIS head brief information about softwares used for different head

Contents
 Introduction  Major

FIS Categories

 Cash & investment management  Capital budgeting  Financial forecasting  Financial planning

 Softwares used for each categories

Introduction
What is Finance? What is Finance information system?

Cash Management
Input

Cash receipt & disbursement on periodic basis Processing data through software available Making decision for investment Cash flow forecasts

Process

Output

Softwares for Cash Management

Cash Information Management (CIM)

Capital Budgeting
Process of evaluating the profitability and financial impact of processed capital expenditures Techniques in capital budgeting
 Payback Period (PBP)  Net present value (NPV)  Internal rate of return (IRR)

Capital Budgeting
Input
Identification of various proposal Gathering information regarding proposals Evaluation of various Proposals through softwares Planning the Capital Expenditure Final approval of Capital expenditure Implementing the Proposal

Process

Output

Softwares for Capital Budgeting

Up Your Cash Flow (by Granville Software) HCGPrevision (by HCG Software) Host Analytics Budget (by Host Analytics) PlanGuru (by PlanGuru)

Financial Forecasting
Input

Process

Output

Financial Planning
Input

Data input on daily basis Data Gathering Processing the data through softwares

Process

Output