Import Employees to forecast labour costs
Magnifi is game-changing financial forecasting software.
We import employee data to project labour costs including pay rates, hourly rates and start/end dates to keep the projections relevant.
Integrated Management Reporting
Our management reporting system is an integrated solution involving Xero (historical reporting), Magnifi (financial forecasting) and Zoho (analytics/dashboards). With minimal setup for Magnifi & Zoho, once established, you will have a tailored solution that your client will love!
Project income at a KPI/Driver level for meaningful income projections – eg # units x average $/unit.
Use Labour Drivers as a workforce planning tool and update proposed changes to pay rates, working hours, new employees etc which feed the labour cost projections.
Copy across function to automatically copy values into the future and change start month at any time to view projections.
Import actual results to re-forecast the projections. We also store your original projections and you can compare your actual results to the original projections or the revised forecasts.
Multi Level reporting
Import multiple Xero files into the one Magnifi file, making consolidations and divisional reporting a breeze.
Actual v Budget Analysis
Very flexible reporting allowing a range of comparisons including actual v budget and prior year data.
What-if Analysis & Break-Even Analysis on a divisional or consolidated basis.