Business Management

Technology Best Practices to Shorten Planning, Budgeting, and Forecasting Windows

Provided by IBM

Category Business Management

Type White Paper

Length 13

Publish Date March 10 2015

Date posted September 20 2016

Overview

Planning, budgeting, and forecasting (PBF) are key components of managing and driving organizational financial performance. Our conversations with enterprises and finance decision-makers reveal that planning, budgeting, and forecasting are also among the most difficult processes to execute in any company. PBF is often disjointed and rife with delays and inaccuracies, and remains an extremely elongated exercise.

With a careful selection of technology and process, organizations can potentially reduce planning windows to unlock tangible value. A single day saved from the PBF cycle tends to have a multiplier effect across the business – from shortening financial close times to increasing the productivity of line-of-business employees. In this report, we summarize some of the technology best practices adopted by end-user organizations that have successfully reduced their financial planning windows.

Recommended for You

phil-muncaster

How a Washington crackdown on Huawei could backfire for everyone

Phil Muncaster reports on China and beyond

dan2

5G is over-hyped and expectations need reining in

Dan Swinhoe casts a critical eye on the future

keri-allan

What can we learn from tech initiatives in the Middle East?

Keri Allan looks at the latest trends and technologies

Our Case Studies

IDG Connect delivers full creative solutions to meet all your demand generatlon needs. These cover the full scope of options, from customized content and lead delivery through to fully integrated campaigns.

images

Our Marketing Research

Our in-house analyst and editorial team create a range of insights for the global marketing community. These look at IT buying preferences, the latest soclal media trends and other zeitgeist topics.

images

Poll

Should the government regulate Artificial Intelligence?