Liva budget – dataliva

LivaBudget is a comprehensive solution for budgeting, forecasting, and corporate performance management (CPM). Leveraging advanced technology, it streamlines financial planning with tools for accurate budget creation, future trend prediction, and organizational performance monitoring. With its data-driven approach, LivaBudget empowers businesses to optimize resource allocation, track critical financial metrics, and enhance decision-making, ensuring alignment with strategic goals and driving financial success

livabudget

Livabudget

LivaBudget

Why livabudget ?

Financial Discipline

Liva Budget enforces financial discipline through AI-powered spending predictions, resource consolidation, and strategic allocation for optimal results.

Accountability

With BI tracking and consolidated dashboards, LivaBudget fosters a culture of accountability and smarter decision-making across departments.

Data-Driven Decision-Making

LivaBudget leverages predictive analytics and forecasting, empowering organizations to make smarter, data-driven financial decisions that drive success.

Efficiency

LivaBudget’s automation eliminates manual errors, streamlines workflows, and accelerates strategic planning for efficient financial operations.

Compliance and Governance

Liva Budget simplifies compliance with predictive tracking, organized records, and AI-enhanced tools for seamless governance and auditing processes

Flexibility and Adaptability

LivaBudget ensures adaptability by enabling AI-enhanced forecasting, resource reallocation, and swift responses to dynamic financial needs.

Collaboration & Interaction

LivaBudget transforms budgeting into an engaging, collaborative process, empowering business units to dynamically contribute and refine financial plans interactively.

Strategic Alignment

LivaBudget aligns budgets with predictive forecasts and strategic goals, ensuring resources are directed toward future-focused initiatives.

Sustainability

LivaBudget promotes sustainable resource management by optimizing spending through AI insights and ensuring long-term financial stability.

Seamless Integration & Flexibility

Integrates effortlessly with ERP (SAP, Oracle , Microsoft Dynamics, Infor, Odoo) for instant data access and adaptable financial planning

LivaBudget Modules - chart

Key Features

Finance

Automates financial planning, budgeting, and real-time performance tracking. It ensures precise management of revenues, expenses, and profitability with insightful variance analysis.

Procurement

Manages procurement budgets, vendor relationships, and purchasing strategies. It controls spending by tracking procurement costs and streamlining purchase approvals.

CAPEX

Manages procurement budgets, vendor relationships, and purchasing strategies. It controls spending by tracking procurement costs and streamlining purchase approvals.

AI Forecasting

Automates financial planning, budgeting, and real-time performance tracking. It ensures precise management of revenues, expenses, and profitability with insightful variance analysis.

Human Resource

Manages workforce costs, salary forecasting, recruitment budgeting, and productivity analysis. It ensures optimized labor expenditure and resource allocation.

Business Analytics and reporting

Provides detailed analytics, custom reports, and real-time interactive dashboards. It visualizes performance metrics for smarter, data-driven decision-making.

Integration

Livabudget effortlessly integrates with ERP solutions and Excel sheets, supporting popular platforms such as SAP, Oracle, Infor, Microsoft Dynamics, Logo, Mikro, and others for a smooth and efficient experience.

Project Management

Manages project budgets, closely monitors expenses, and efficiently allocates resources. It ensures cost control, timeline adherence, and proactive risk management for successful project delivery.

Sales

Enables precise sales forecasting, real-time revenue tracking, and in-depth performance analysis. It aligns sales goals with business strategy to optimize the sales pipeline and consistently achieve targets.

Production

Tracks production costs, allocates resources, and monitors efficiency. It helps optimize manufacturing budgets and ensures cost- effective operations.

OPEX

Monitors and controls daily operating expenses. It streamlines budgeting for utilities, services, and supplies, improving cost efficiency across departments.

Liva Budget -Process

Preparation and Execution

The process begins with data entry and definition, where users set up their accounts and define the organizational structure, including departments, cost centers, and roles.

Monitoring and Evaluation

Once the framework is established, users can move to the monitoring phase, which involves actively tracking budget submissions and adjustments across various departments.

Liva Budget facilitates real-time collaboration, ensuring all teams remain aligned and updates are visible to relevant users. Approval mechanisms and version controls simplify the approval process, reducing delays and improving accuracy.

Evaluation

process is focused on refining and enhancing the budgeting process based on insights gained during execution and monitoring. It ensures that the organization adapts to changing circumstances, incorporates lessons learned, and continuously optimizes its financial planning

Analyzing and reporting

The platform also provides dynamic dashboards, enabling users to monitor progress against goals and identify potential deviations early in the cycle.

Finally, the reporting phase transforms budget data into actionable insights. The system offers comprehensive reporting tools, including customizable reports to help users evaluate financial performance Which provide detailed comparisons between planned and actual outcomes to support decision-making and strategy refinement.