Financial Planning, Budgeting, and Forecasting in the New Economy

Although we're starting to see recovery from the recent economic crisis, market volatility is still a major factor influencing businesses to improve their financial planning, budgeting, and forecasting processes. The keys to effective financial planning, budgeting, and forecasting are embodied by a best-in-class approach that carefully considers all factors, adaptive planning, and collaboration. Get the details in this report.

Featured Software Research:

Budgeting: Beyond Spreadsheets

  • Source: IBM
  • Written By:
  • Published:
Financial planning, budgeting, and forecasting can be an endless and arid process for business professionals. Spreadsheet-based planning can prove to be confusing and unorganized, which only costs the company more time and money. IBM's Cognos software can help not only reduce the time spent on planning processes, but also build complex business models and perform ‘what if’ scenarios, enhancing strategic decision making. Read More

Must-have ERP Features for the Automotive Industry

This paper summarizes the benefits an enterprise resource planning (ERP) solution provides to the entire manufacturing process, "from shop floor to top floor." Included are key features in a software as a service (SaaS) solution to help an auto manufacturer optimize performance throughout the enterprise. Read More

You may also be interested in these related documents:

Accelerating the Speed of Intelligence for Fast and Flexible Forecasting: Engaging the Business for Better Results

Forecasting is changing from a top-down process to a bottom-up one. High-level targets may be useful starting points, but they must be combined with input from line management and department heads before being rolled up into enterprise-wide financial goals. Some companies find it effective to “embed” members of the finance function within other business units. Read this white paper to find out more. Read More

Planning and Budgeting: Improving Effectiveness through Best Practices and Technology

  • Source: Ventana Research
  • Written By:
  • Published:
Planning and budgeting are critical components of any company’s performance management initiative, as they are a means of translating strategy into a coherent set of initiatives and provide a basis for objective assessment and alignment. But how well are companies achieving this? Read this benchmark research that examined the process, technology, and other components that reveal how effective planning and budgeting are. Read More

Best Practices for Budgeting, Forecasting and Reporting

Corporate budgeting, forecasting, and reporting presents a formidable challenge to most companies, regardless of size or industry. Companies that are able to address budgeting obstacles and improve their process will not only be rewarded with more accurate budgets, more timely re-forecasts, and improved decision-making, but also foster a disciplined financial management culture that will deliver a true competitive advantage Read More
 
comments powered by Disqus