Human capital is recognized as one of the most precious assets for enterprise. Each budget is based on scientific forecast, therefore, labor cost forecast is becoming more and more important in the development of modern enterprise, which is closely linked with enterprise activities, including staff management, welfare state policy and compensation forecast, labor cost budget, budget result adjustment, budget implementation tracking, accurate estimation and management based on a mass of data, etc.
The Budget Management module is able to forecast and track the enterprise future labor cost. It supports user to set up different assumed conditions flexibly and obtain precise budget data through automatic bonding with historical and relevant data of Employee Information Management module and Payroll module of Platinum HRM to conduct fast calculation and then export budget result by using Excel template. Moreover, it can revise and track the budget data after budget available so as to meet various budgeting managerial requirements in all dimensions.