Cost Isn't Everything: Planning, Budgeting, and Forecasting

 

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  • Type:
  • Published:
  • September 12, 2018
  • Author:
  • Michael Hinson
  • Pages:
  • 4
  • Price:
  • Your Price: FREE

Today’s organizations are laser-focused on sustainable, profitable growth. To achieve it, they need top-quality business performance management, with a special focus on planning and management accounting. That puts CFOs in the hot seat, as finance and accounting are now expected to deliver strong competencies in financial planning and analysis, while facing intense pressure to work ever faster and more efficiently. This article discussed the total cost of planning/budgeting/forecasting as a percent of revenue from APQC's Open Standards Benchmarking® research data.

 

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