Finance
Create an effective budget model to track performance for a SAAS company
Looking to score a gig as the finance manager? Here is your chance to build some unique proof of work to show off your book-keeping skills
Certified by
Role
Finance Manager (Tax filing and Book-keeping)
Industry
E-commerce
No. of Subscribers
24
Level
Intermediate
Time Commitment
Submit First Draft in 15 days
Duration
30 days
Tools you’ll learn
Here’s What You Work On
About the Company
Avetti commerce designs online marketplaces for companies based on their needs and budget. From B2B to D2C and everything in between, they have the right solution for you! With the globalisation of marketplaces, e-commerce platforms have the potential to transform a business's profitability. Avetti Commerce helps companies realise their digital transformation goals with their comprehensive and flexible online marketplace designs.
Explore
the following work techniques
Budget models
Historical financial data
Financial analysis
Bridging the gap
According to a study, nearly half of all small businesses did not have a documented budget in 2020. However, many financial experts vouch for documenting as an essential business practice. Budgeting helps companies drive important business expenses like cutting down expenses, buying equipment, or increasing the staff. A well-made budget plan is a key to keeping your business out of debt! Given the numerous advantages, budgeting is not a luxury but a dire necessity for all businesses.
Apply
the following skills
Cost accounting and management
Management reporting and analysis
Expected output
In this menternship, you are required to go through the past sales of a SaaS company and create a budget model for it.
Create
the following deliverables
Recommendations of effective budget heads
Budget Model
What you’ll need before starting
Basics of budgeting
