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:

Services Resource Planning: How Integrated PSA, CRM, and Financials Can Transform Your Services Business

Enterprise resource planning (ERP), customer relationship management (CRM), and professional services automation (PSA) are all part of a standard software system for many companies today. But for project- and service-driven companies, an emerging type of software is making things easier to combine the most important elements of these solutions to support the whole bidding-to-billing lifecycle. Services resource planning (SRP) provides the basis of a system covering everything from initiation and... Read More

Is an ERP Cloud Solution on Your Horizon: Five Signs You Are Ready to Make the Move

Globally expanding businesses have new needs and must face the challenges and demands of international markets. This is especially important for midsize companies, which require the ability to rapidly adapt to new markets. As businesses expand to international markets, accounting operations and systems must provide support for complex growth in international transactions. These demands mean changes or even replacements to entry-level based accounting systems, along with constant upgrades as needs... Read More

Is an ERP Cloud Solution on Your Horizon: Five Signs You Are Ready to Make the Move

Globally expanding businesses have new needs and must face the challenges and demands of international markets. This is especially important for midsize companies, which require the ability to rapidly adapt to new markets. As businesses expand to international markets, accounting operations and systems must provide support for complex growth in international transactions. These demands mean changes or even replacements to entry-level based accounting systems, along with constant upgrades as needs... Read More

You may also be interested in these related documents:

Spreadsheets: An Inadequate Solution for Budgeting, Forecasting and Reporting

Mid-size organizations have been conducting their budgeting and forecasting through a readily-available, inexpensive, and easy-to-use application—the spreadsheet. But spreadsheets fail to support complex planning processes, which involve multiple people, require real-time access to data, and demand comprehensive security. Discover how the Adaptive Planning budgeting and planning application can help you meet these needs. Read More

Financial Planning, Budgeting, and Forecasting: Managing in Uncertain Economic Times

New economic conditions are driving companies to become increasingly cautious about the near future. But focusing on improving flexibility to dynamically account for change shifts focus away from budget accuracy—putting you at risk of falling short of shareholder expectations. To achieve best-in-class status, you must plan, budget, and forecast more efficiently for improved agility, accuracy, and corporate performance. Read More

Planning and Forecasting: Use Continuous Planning and Rolling Forecasts to Support Adaptive Management

  • Source: IBM
  • Written By:
  • Published:
Change may be the only constant in business. But why do so many companies lock themselves into a rigid system of annual plans, budgets, and targets that make rapid response to changing markets—and increasing competition—difficult, if not impossible? Discover how you can replace tedious annual planning cycles with regular business performance reviews and rolling forecasts, for more informed and accurate decision making. Read More
 
comments powered by Disqus