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Solutions > Capabilities > Budgeting > Top Down & Bottom Up Budgeting

Top Down & Bottom Up Budgeting


PROPHIX recognizes that each organization performs its budgeting activity differently. PROPHIX allows you to perform both Top down and & Bottom Up budgeting. Top-down/bottom-up budgeting allows you to develop a budget from the highest- or lowest-level department or cost center, working towards the opposite end. It is aimed to get multiple people involved in the process.

Top-down/bottom-up budgeting typically relies on a great deal of collaboration in order for it to be effective. PROPHIX allows you to do this type of budgeting with ease; users are able to collaborate on a common project and yet are allowed to submit their part of the budget individually. This allows for situations where multiple users can work on the budget at once and truly make budgeting a collaborative process.




Top Down vs. Bottom Up Budgeting



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