XLerant Announces Q4 Enhancements for Collaborative Strategic Budgeting

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New functionalities give Budgetpak users convenient control over detailed transaction reporting and long-term financial planning.

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We continue to strive to keep user experience at the forefront with the newest enhancements—for both the finance team and non-financial users alike.

XLerant Inc., a leading provider of cloud-based budgeting, forecasting, and reporting solutions, today announced that its flagship BudgetPak software now includes enhanced functionality in transaction reporting and long-term projections. These enhancements promote better communication and collaboration between budgeters, while further strengthening XLerant’s position as the nation’s leading provider of budgeting software with unparalleled ease-of-use.

BudgetPak assists organizations that employ multi-participant and collaborative budgeting models by engaging and increasing ownership among non-financial department heads and budgeting managers. The latest BudgetPak features further XLerant’s mission, with:

  •     Drill-Through to General Ledger (G/L) Transaction Detail: One of BudgetPak’s differentiating features is the ability for individual budget holders to easily view and report on their budget or forecast figures compared to actual monthly or quarterly account data. BudgetPak’s new Drill-Through to G/L functionality takes this a step further by allowing budget holders to examine detailed transactions, like invoices and payments that comprise actual account totals, with single click right from the report screen.
  •     Collaborative Long-Term Projections: Users are now able to create and collaborate on high-level, multi-year plans. The new projections feature allows users to combine historical and current budget data from BudgetPak with built-in trending analysis, custom Excel models and projections for fiscal years beyond the current budget, including valuable online reporting tools for easy cross-organization evaluation.
  •     Reporting Facelift: BudgetPak’s robust, detailed financial, headcount and asset reports now have enhanced readability and a modern design to keep users engaged and focused on critical report data.

“We continue to strive to keep user experience at the forefront with the newest enhancements—for both the finance team and non-financial users alike,” said Joanne Brunn, CEO of XLerant. “We equip finance administrators with tools that make it easy to guide budget managers in their responsibilities, empowering them to take more ownership over the process. This clearly benefits the finance team and also helps individual budget holders clearly understand how their actions impact their departments and the company as a whole.”

About XLerant
XLerant provides cloud-based budgeting, forecasting and reporting solutions designed with easy to use interfaces that make a complex process accessible for finance teams and budget managers alike. XLerant’s software-as-a-service (SaaS) solutions serve small to mid-size enterprises who value collaborative environments as an effective way to engage employees and achieve their strategic objectives. The company’s premier product, BudgetPak, has been recognized for outstanding usability, quick implementation and exceptional support. For more information visit http://www.XLerant.com or follow @XLerant. Engage. Empower. Achieve.

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Kristine Nash-Wong
XLerant
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