Daily user of IDU-Concept
Use Cases and Deployment Scope
We use IDU-Concept daily. We use it for Income Statements per cost centre as well as comparing actuals to budget and actuals to the prior year. This is available with a 30min window on the Cloud platform making it almost real-time. The Income Statements layouts, groups and view can be customised as needed. The standout feature however is the budgets module. Quick and easy budgets and forecasting.
Pros
- Income Statements per cost centre
- Budgets vs actuals per cost centre
- Layout customisation for Income Statements
Cons
- Sync delay for IDU-Concept and the ERP
- Con-current user licensing model
- Automatic period (i.e. open new period automatically) sync with the ERP
Likelihood to Recommend
Income Statements per cost centre (actual vs budget) that has been mapped to meet my business requirements. The ability to drill-down to the GL level in each cost centre when reviewing Income Statements. The ability to group Income Statements per region for ease of reporting. The Budget module that offers flexibility and automatic calculations based on inputs make budgeting easier.
