AO
Budget Control

Budget Management

Plan, track, and compare budgets across firm operations, practice groups, branches, departments, and matter categories.

Total monthly budget
$300,000
Actual spend
$256,700
Budget remaining
$43,300
Over-budget areas
4
Budget vs actual · practice groups
Firm operations$72,400 / $80,000
Corporate group$64,800 / $60,000
Litigation group$82,400 / $70,000
IP group$34,800 / $40,000
Real Estate group$24,200 / $30,000
Admin & HR$18,400 / $20,000
Variance heatmap · last 6 months
FebMarAprMayJunJul
Corporate
+8%
+12%
-4%
+6%
-2%
-3%
Litigation
-6%
-12%
-18%
-8%
-10%
-15%
IP
+4%
+2%
-1%
+6%
+8%
+12%
Real Estate
+10%
+12%
+8%
+14%
+18%
+16%
Admin
+2%
+4%
-1%
0%
+3%
+6%
Over-budget alerts
  • · Litigation +18% · $12,400 over budget
  • · Corporate +8% · $4,800 over budget
  • · Utilities +13% · seasonal spike
  • · Software +14% · new subscriptions
Budget management

Ashworth & Vance LLP · live demonstration data

Annual budget
$8.40M
▲ 7.0%
Used
$4.82M
▲ 11.1%57%
Committed
$1.26M
▼ 11.2%
Remaining
$2.32M
▲ 7.3%
Forecast variance
-2.1%
▲ 13.4%
Departments over
2
▼ 2.5%
Performance versus target
Budget versus actual by month
12 monthsQuarterYTDBy officeBy practice
729K547K365K182K0KAug · actual $458.0K · target $460.0K · var 0%+0%AugSep · actual $553.0K · target $466.0K · var 19%+19%SepOct · actual $551.0K · target $472.0K · var 17%+17%OctNov · actual $461.0K · target $478.0K · var -4%-4%NovDec · actual $608.0K · target $484.0K · var 26%+26%DecJan · actual $346.0K · target $490.0K · var -29%-29%JanFeb · actual $618.0K · target $496.0K · var 25%+25%FebMar · actual $413.0K · target $502.0K · var -18%-18%MarApr · actual $581.0K · target $508.0K · var 14%+14%AprMay · actual $517.0K · target $514.0K · var 1%+1%MayJun · actual $503.0K · target $520.0K · var -3%-3%JunJul · actual $590.0K · target $526.0K · var 12%+12%Jul
Actual revenueTargetPrior yearValues in $K · hover a bar for exact figures
Comparative analysis
Department utilisation
Litigation
68%
Corporate
54%
Shipping
61%
IP
47%
Private client
39%
Business services
72%
Technology
84%
Distribution heatmap
Department budget heatmap
Q1Q2Q3fQ4f
Litigation
46
76
75
47
Corporate
32
84
64
60
Shipping
18
90
52
71
IP
6
94
39
81
Private client
21
96
24
88
Business services
35
95
9
93
LowModerateHighValues are percentage of quarterly budget consumed.
Operational register
Commitment register
DepartmentBudgetUsedCommittedRemainingForecastVarianceOwnerStatus
Litigation$1.04M$365.8K$156.8K$522.5K$1.02M+6%J. Hollis KCOver budget
Corporate$1.49M$655.2K$223.3K$610.5K$1.46M-2%T. MorganOn track
Shipping$1.48M$784.4K$222.0K$473.6K$1.45M-2%S. RavelOn track
IP$1.06M$656.0K$158.7K$243.3K$1.04M-2%M. ChenOn track
Private client$1.74M$1.24M$261.3K$243.9K$1.71M+6%P. AdeyemiOver budget
Business services$523.0K$418.4K$78.5K$26.1K$512.5K-2%A. OkaforOn track
Technology$1.79M$626.9K$268.6K$895.5K$1.76M-2%E. ColeOn track
Marketing$832.0K$366.1K$124.8K$341.1K$815.4K-2%L. IbarraOn track
Facilities$1.62M$858.1K$242.8K$518.1K$1.59M+6%R. FenwickOver budget
9 of 9 records
Workflow and approvals
Budget revision approval
1Revision requested
Department head
Completed 28 Jun
2Finance analysis
N. Salim
Completed 01 Jul
3Transfer proposed
$120K litigation → shipping
In progress · —
4Managing partner approval
A. Okafor
Pending
5Budget updated
Finance system
Pending
Exceptions and risk
Exception queue and recommended actions
2 open
Department over budget
Technology · 84% at H1
$142K
Uncommitted spend risk
Marketing underspend
$86K
Audit and history

Every financial change is captured with user, timestamp, value movement and audit reference

Recent activity
  1. Payment posted01 Jul · 10:10
    N. Salim·Meridian Holdings PLC · M-2041·$42.0K·AUD-7700
  2. Invoice edited02 Jul · 11:11
    A. Okafor·Nordic Shipping AS · M-2035·$69.0K·AUD-7701
  3. Credit note approved03 Jul · 12:12
    D. Feld·Vertex Biotech Ltd · M-2024·$69.0K·AUD-7702
  4. Retainer adjusted04 Jul · 13:13
    J. Hollis KC·Lagos Bay Estates · M-2029·$43.0K·AUD-7703
  5. Trust transfer completed05 Jul · 14:14
    N. Salim·Kestrel Insurance · M-2007·$84.0K·AUD-7704
  6. Expense approved06 Jul · 15:15
    A. Okafor·Halcyon Partners · M-2011·$10.0K·AUD-7705
  7. Tax report exported07 Jul · 16:16
    D. Feld·Orion Media Group · M-2016·$87.0K·AUD-7706