Four Secrets Behind Great Budgeting and Planning
Making the shift
CFOs are being asked to take on more responsibilities than ever before, but one of their essential tasks continues to cause frustration: budgeting and planning. The exercise of effectively and successfully setting targets, allocating resources, and providing incentives for employees to achieve certain goals.
Today’s senior finance executive has a lot on his or her plate. As companies move forward, focusing more on top-line growth while keeping a close eye on their bottom line, they are facing immense pressures—from strict regulations and economic volatility to evolution in consumer behaviors. The pace of change has only increased. In addition to these changes, finance has taken on additional, more-strategic roles within the organization. Yet with all these pressures and responsibilities, the budget continues to rank as one of their biggest hurdles.
If your budget isn’t all that it can be, you’re not alone. Take this as an opportunity to investigate the technologies and strategies that will transform your budget from a strain to strength.
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