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Prokarma's Quickstart Financial Planning Application consists of best practices for planning the Income Statement, Balance Sheet and Cashflow. It also showcases overhead allocations, currency translation, sales compensation, and dashboards.

 

Features

Complete Financial Planning
  • Budget and forecast for the Income Statement, Balance Sheet, and Cash Flow Statement across the entire organization.
Sales Compensation Planning
  • Ability to build sales compensation with sales target floors, and over-achievement accelerators.
  • Set the Sales Reps' targets and Anaplan will calculate the bonus based on the sales forecast.
Workforce Planning
  • Accurately forecast the company workforce along with wages, bonuses, taxes, medical selections, 401k, T&E, and more details.
Capital Expenditures
  • Plan CapEx purchases by department and have the depreciation immediately roll into the income statement, dynamically updating the balance sheet and cash flow statements.
Overhead Allocations
  • Immediately apply allocations to each profit center based on headcount entered into the workforce planning section.
Currency Translation
  • Real-time currency translation based on exchange rate assumptions.
Balance Sheet and Cashflow
  • The Balance sheet forecast is updated using DSO, DSI, DPO, and other drivers and assumptions to calculate the balance sheet.
  • The Balance Sheet and Income Statement feed the Cash Flow Statement providing leadership with real-time cash impacts for business decisions.

Information

Size
-
Language
English
Terms & Conditions

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Formulas
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ProKarma

ProKarma is an IT solutions company. We help businesses re-engineer themselves through powerful digital platforms, customer engagement and emerging technologies. By accelerating business activities, enhancing every experience and creating competitive advantages, we fuel our clients' growth and efficiency.

Website
https://prokarma.com/
Address

ProKarma

8705 SW Nimbus Ave, Suite 118

Beaverton, OR 97008

United States

503-453-2690

Email
mbudd@prokarma.com