78% of cost cuts fail because there's a gap in communication between the finance team that's building the strategy and the departmental managers who are executing on the spend. Cobbler pushes budget changes to departmental managers and continuously tracks against them, so that everyone knows exactly what's approved for them to spend.
Scale the finance team
The finance team is busier than ever–monitoring business performance and updating financial plans to adjust to the changing economic environment. Cobbler extends your finance team by automating granular BVA reporting for every employee in the organization for headcount, revenue, and expenses.
Budgets don't stick when no one is accountable. Cobbler makes it easy to define a clear owner for every budget line from large departmental budgets to individual vendor spend.
Enable teams to adjust in real-time
Cobbler shows how teams are spending as the expenses hit the accounting system. Instead of finding out after the fact that the team is over budget, budget owners and finance teams can adjust mid-month to ensure that they stay on target.
Schedule a demo
Chat with an FP&A partner to see how Cobbler can help you with your changing financial plans.