The Group Financial Planning module provides the tools to create and manage budgets across your group structure. It allows you to:
Prepare Group Budgets using the Group Reporting Template format for both Profit & Loss and Balance Sheet.
Build Budgets by Group Class (e.g., by business unit, region, or product line).
Create stand-alone Group Class Budgets for focused financial planning.
Merge Group Class Budgets to form a consolidated Group Budget.
All budget data is entered directly into GATHER (monthly, quarterly, semi-annual, or annual), ensuring alignment with your reporting framework.
Typical Use Case
A finance team prepares annual budgets for each business unit (set up as Group Classes). These budgets are merged to form an overall Group Budget. During the year, leadership can compare each business unit’s actual performance against its budget, while also viewing the consolidated position for the entire group.
This enables both detailed accountability at the unit level and strategic oversight at the group level.
Budget vs Actual Tracking
Budgets created in this module flow into the Reports tile within the Group Financial Reporting module.
Here you can:
Compare budgeted vs actual figures across Profit & Loss and Balance Sheet.
Drill down by Group Class to see variances by region, unit, or product line.
Use these insights to explain results, highlight risks, and refine future forecasts.
This transforms budgeting from a one-off planning exercise into an ongoing performance management process.
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