We saw a need in this area because BVA reporting is a best practice but, more often than not, it’s ignored because of a lack of time or resources.
Austin, TX (PRWEB)
June 29, 2017
Qvinci Software – the leading provider of cloud-based financial data consolidation and reporting – has released an exciting new capability that benefits users by fully automating the generation of Budget vs. Actual reporting.
Qvinci’s most recent breakthrough leverages its powerful and patented consolidation, syncing, mapping, reporting and work-flow management technologies to allow users to produce customizable BVA reports that include budget data from an unlimited number of QuickBooks files.
Now, if a business has its budgetary data saved in QuickBooks, Qvinci can pull that data and create BVA reports that support:
With standardized and automated templates available, performing these actions has never been easier.
Qvinci’s Founder and Chief Innovation Officer Charles Nagel designed the automated BVA reporting tool to benefit the large number of businesses that currently forego the manual BVA practice because it’s too time-consuming or costly.
“Any successful business owner or business advisor will tell you how important it is to have a budget,” said Nagel. “They’ll also tell you how critical it is to compare that budget to actual performance on a monthly basis.”
“We saw a need in this area because BVA reporting is a best practice but, more often than not, it’s ignored because of a lack of time or resources. Our…