NetSuite PBCS DEMO
Oracle NetSuite PBCS (Planning and Budgeting Cloud Service) is a leader in corporate performance management solutions. PBCS improves the overall financial planning and budgeting process since it allows for fast implementation and greater user acceptance across multiple business units.
The system provides a flexible and fully customizable solution that can meet the financial modeling and planning needs of any business. It is equipped with multiple reporting levels, so businesses can plan at a consolidated level while still analyzing the individual functions within the business. Likewise, it provides you with the ability to manage approvals and workflow processes directly to the top, creating a cooperative and scalable solution for large and growing businesses.
Many organizations rely solely on the functions and abilities of Microsoft Excel to create these reports – but this limits their ability to collaborate and requires a significant amount of manual effort. As a result, it is less efficient and is significantly prone to user error!
NetSuite Planning and Budgeting utilizes Smart View for Office to address this issue. It has tools that integrate with Microsoft Outlook, Excel, Word, and PowerPoint, so users can utilize those functions while creating a live connection to your ERP.
By connecting to NetSuite's Planning and Budgeting Cloud Service , your team can access quality and accurate data directly while still leveraging the user-friendly and widely known abilities of Excel. In other words, you can analyze and interpret data, create reports, build alternate reporting levels, and load budget and forecast data all from within Microsoft Excel.
PBCS relies on automated processes and calculations to meet a variety of planning and reporting needs. It can instantly run reports from the data aggregated from your company ERP to gives users immediate access to multiple planning models, scenarios, and other reports. It gives you the ability to drill into accounts to see the true impact on business performance .
It significantly improves management visibility and control over-reporting, which leads to better decision-making and more accurate reports. Likewise, it offers driver-based and what-if modeling, sections for adding notes and explanations, and adaptable workflow management. All businesses need to be flexible to changes, and NetSuite Planning and Budgeting guarantees you have the tools necessary to adapt.
Other Applications
Another integral part of financial planning involves your company workforce. PBCS creates a link between HR and finance to build a strong foundation for budgeting and forecasting. You can easily set up roles across the company so hiring managers can plan to onboard new team members. This allows you to see your available budget – which is especially important for a workforce that is continuously fluctuating.
Similarly, NetSuite Planning and Budgeting brings together headcount, salary, bonus, payroll taxes, and other employee benefit programs to build reporting models for effective financial planning. Bringing the data together in one place - instead of requiring the finance team to extract data manually from multiple systems – will boost efficiency and accuracy across your organization.
From financial planning, budgeting, and forecasting to HR workforce integration across multiple business units, PBCS has the resources available to meet your business needs. Users can learn to use Smart View quickly with their basic Microsoft Excel skills, so you can access PBCS reporting and create quick ad-hoc reports right away.
Partner SpotLight
NetSuite SuiteSuccess offers a pathway for businesses to succeed by engaging with them continuously throughout their lifecycle. NetSuite delivers a unique set of processes, activities, and systems designed to deliver rapid value. Customers are equipped to make the most of their NetSuite investment quickly and are able to expand towards next-generation solutions to meet changing business needs.
Our Company
MindStream Analytics' senior staff was there at the birth of Business Intelligence. We have been part of building Business Intelligence nationally from its humble niche product status to the ubiquitous analytic tool that it is today. MindStream consultants are well versed in reporting and information management and are ready to help you leverage the power of multiple tier-1vendors. From Oracle Hyperion to IBM Cognos, we can help you select and integrate the right tools for you to better understand your information. MindStream Analytics has experience across a wide variety of industries: Business Services, Consumer Products, Energy, Financial Services, Healthcare, Manufacturing, Transportation , and Telecommunication. We have the depth and breadth of experience to help you deliver actionable information to users.
Case Studies
Accumen
Thanks to the intervention of MindStream Analytics, Accumen's Finance department can now model their business with a new, more organized structure that isn't conventionally available in NetSuite.
Acme Brick
Acme Brick turned to MindStream Analytics for help implementing OneStream to replace their outdated TM1 solution.
Alterra
Alterra sought the expertise of MindStream to address the challenges they faced in their Capital Planning process.
ATCO Group
Energy conglomerate ATCO operates worldwide in utilities, power generation, and related services.
Avalon
Working with MindStream Analytics, Avalon Healthcare Solutions adopts NetSuite Planning and Budgeting to accelerate budgeting and forecasting processes.
Bayer Health Care
Bayer Healthcare implemented Hyperion Planning and Workforce Planning in 10 weeks to dramatically streamline their Income Statement budget and Workforce Planning process..
BluEarth
MindStream Analytics' partnership with BluEarth Renewables epitomizes the power of technology and collaboration.
Celgene
An Oracle Hyperion Planning Upgrade provides multi-national organization Hyperion Application optimization and stabilization.
Cleaver Brooks
OneStream XF was chosen as the platform that would transform Cleaver-Brooks' Finance processes.
CoorsTek
The collaboration between CoorsTek and MindStream resulted in significant improvements in CoorsTek's financial consolidation and reporting processes.
Elite Body Sculpture
MindStream Analytics' collaboration with Elite Body Sculpture encapsulates the transformative potential of targeted tech solutions in streamlining administrative processes.
Enlyte
Enlyte, a merger of Mitchell, Genex, and Coventry, faced challenges with disparate financial solutions and the need for combined reporting.
Flanders
MindStream Analytics collaborated with Flanders to implement OneStream Consolidation and Reporting solution.
Foley Products
Foley Products was facing a significant challenge with its Excel-based actual management reporting system.
Harte Hanks
The collaboration between MindStream Analytics and Harte Hanks culminated in a highly customized, user-friendly NetSuite implementation.
Interface
Interface used a complex, manual, excel-based FP&A process for monthly review, and the summary data was loaded in OneStream.
Kymera International
Thanks to Mindstream Analytics' assistance, Kymera was able to load all of their data into OneStream and validate it successfully.
MacLean Fogg
MacLean-Fogg partnered with MindStream, a leading implementor specializing in modernizing and optimizing enterprise systems.
MEPPI
MindStream's expertise and experience were sought to conduct a vendor selection initiative focusing on MEPPI's F2023 planning process.
OUAI
MindStream Analytics and OUAI's collaboration showcases the transformative power of strategic technological intervention.
Plaskolite
By migrating to OneStream, Plaskolite has achieved a material reduction in consolidation time and overall Financial Close cycle, eliminated the hours spent compiling and verifying data in Excel, streamlined its Planning, Budgeting and Forecasting model and delivered flexible and timely reporting that enables more strategic analysis of their financial data.
Redwire
Understanding the nuances of Redwire's challenges, MindStream Analytics devised a holistic approach to overcome them. The implementation of NetSuite was just the beginning.
Simon
Simon's existing corporate Hyperion Financial Management (HFM) production application was consolidating at a rate of seven hours, a performance issue causing great headache to corporate Accounting.
Source Code
The successful transition to OneStream revolutionized Source Code's financial reporting.
Subway
Subway collaborated with MindStream Analytics for the NetSuite Analytics Warehouse implementation.
UPenn
MindStream Consulting and AppCare team members are proud be working side by side with UPenn university in accomplishing this implementation and along with continuing our AppCare services after go-live.
USG
USG was an Oracle Hyperion customer realizing that it needed more specialized support for its various Oracle Hyperion applications.
Vantiv
Dividing a hyperion planning application, expanding the hyperion footprint to forecast on the business? Customer categories.
Versant Health
Versant Health engaged MindStream to help resolve the challenges they were experiencing with their consolidation, close, and financial reporting processes.
Virginia Space Authoirty Case Study
The MindStream team implemented the Standard + Workforce NetSuite Planning & Budgeting.
WeWork
MindStream Analytics determined that the best solution was to implement Oracle Essbase Cloud as part of the Oracle Analytics Cloud (OAC) platform-as-a-service
WindStream
Innovative use of essbase to streamline and connect hyperion financial management for enhanced financial analysis.
XY Planning
MindStream Analytics, well-versed in addressing such challenges, presented a comprehensive Netsuite solution for XY Planning.