Total Cost of Budgeting and Forecasting
Plans, budgets, and forecasts can be some of the most valuable contributions that finance makes to the business. Ideally, they help organizations know what’s coming down the road and remain agile enough to respond to uncertainty and to keep the business moving forward. This article focuses on the median total cost of budgeting and forecasting, across industries, as reported in APQC's Planning and Management Accounting Survey.