Centage

centage.com ↗

Connected budgets, workforce plans and scenarios with configured finance support

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What it does

Centage combines budgeting, forecasting, workforce planning and consolidation with financial-data connections. The cloud software is configured around a company's accounts and approval process, with optional analyst support alongside the subscription.

Centage configures its planning platform around a company's chart of accounts, cost centres, approval chain and fiscal calendar. Accounting, payroll and sales-system data feed budgets and forecasts. Workforce planning can model positions, pay rules and benefits, while multi-entity work includes currencies and intercompany eliminations.

A finance team can build a base plan, change hiring or revenue assumptions and compare the resulting scenarios side by side. The selected scenario can then be merged into the forecast. In Worksheets, revenue, operating costs and personnel have separate planning areas; Drivers supplies calculations used by the other areas. This is useful when changing a hiring assumption should affect both payroll and the wider financial plan.

Onboarding sets up the administrator account, imports company data and trains the team. Administrators control module access through user groups. A person in several groups receives the highest permission level granted by any of them, so review overlapping memberships when restricting payroll information.

Software starts at $699 per month, with the quote based on entities, chart-of-accounts size and users. Standard installation and onboarding are included, and annual plans have no setup fee. Bespoke configuration is quoted separately. Optional financial planning and analysis (FP&A) services add help from analysts.

Support option Cost basis What it adds
Standard Support Included in the subscription Customer success contact, support and training resources
FP&A Advisory Hours Additional quote for a reserved block Analyst help during close, forecasting or budget work
Managed FP&A Additional quote by scope A Centage team handles agreed forecasting, budget and reporting work

The software already includes workforce planning and consolidation. Managed FP&A is a separate operating-service choice for teams that also want help running those processes.

Strengths

  • Connects position-level workforce assumptions to the financial plan
  • Includes consolidation and workforce modules in the software subscription
  • Offers scenario comparison and a route to merge a chosen scenario into the forecast

Watch out for

  • Bespoke configuration and reserved analyst services cost extra
  • Multiple group memberships give a user the highest permissions across those groups

Best for

  • Mid-market finance teams coordinating budgets across departments or entities
  • Small finance teams considering outside help with forecasts and board reporting

Sources