Automated budgeting
and forecasting
Mage connects your finance and employer records to build operating budgets, refresh forecasts and explain changes as your benefits captive business grows.
| USD millions | Actual | Budget | Forecast | Δ budget |
|---|---|---|---|---|
| Operating revenue | $12.40M | $12.80M | $13.20M | −$0.40M |
| Payroll | $5.20M | $5.30M | $5.50M | −$0.10M |
| Other OpEx | $2.90M | $2.95M | $2.90M | −$0.05M |
| Operating profit | $4.30M | $4.55M | $4.80M | −$0.25M |
Connect employer growth to your operating plan
Plan new employer groups and renewals alongside staffing and operating costs, with every refresh tied to approved assumptions.
An operating outlook that keeps up
Bring actuals, employer growth and renewal timing into your financial model. Refresh the outlook as approved assumptions change.
| Dept A | $7.20M |
|---|---|
| Dept B | $3.10M |
| Dept C | $2.10M |
| Dept A | $7.20M |
|---|---|
| Dept B | $3.10M |
| Dept C | $2.10M |
Unmapped accounts excluded
Actuals that tie back
Reconcile operating revenue and costs to accepted ledger records. Keep account mappings and close periods with the figures.
Revenue variance · Actual − budget
Changes you can explain
Compare operating results with the budget and latest forecast. Retain the calculation and assumptions behind each difference.
See what growth means for your business
Growth plans,
costs included
Connect employer growth and renewal timing to your operating model so finance can review the resources needed to support the plan.
A current
operating outlook
Refresh the forecast when actuals or approved employer assumptions change, keeping the reporting period and model version intact.
A clear basis
for each decision
Trace revenue and cost changes to their source and planning basis, so reviewers can investigate without rebuilding the pack.
How Mage fits
Connect the tools behind your financial plan
We scope the connections around your ledger, employer records and planning tools, then implement the workflow around your existing model.
Your systems
Financial actuals
Operating revenue, costs and reporting periods
Employer plans
New groups, renewals and effective dates
Planning rules
Staffing assumptions and model versions
The workflow between your tools
- 1Build the budget
- 2Refresh the outlook
- 3Reconcile and deliver
Completed outputs
Operating forecasts
Versioned budgets and rolling forecasts
Variance views
Actuals compared with the plan
Review updates
Plan versions and source links
Keep corporate operating plans separate from employer claims and captive funds.
Put your planning model to work every cycle
We connect the agreed inputs, implement your model and reconciliation checks, then launch the recurring workflow with your finance owner.
Explore solutions| USD millions | Actual | Budget | Forecast | Δ budget |
|---|---|---|---|---|
| Operating revenue | $12.40M | $12.80M | $13.20M | −$0.40M |
| Payroll | $5.20M | $5.30M | $5.50M | −$0.10M |
| Other OpEx | $2.90M | $2.95M | $2.90M | −$0.05M |
| Operating profit | $4.30M | $4.55M | $4.80M | −$0.25M |
Learn the planning basis
Map actuals and employer plans. Agree on drivers, periods, tools and the finance review pack.
Design the recurring model
Set account mappings, forecast rules and checks, with version history and a delivery destination.
Launch the planning cycle
Run preparation on schedule, track delivery and retain retry details when a step needs attention.
Build your next operating forecast with Mage
Tell us which finance and planning tools you use and how employer growth enters your model. We’ll scope the connections and first review pack.