As the year slowly draws to a close, CFOs also start their annual haggling over costly budget items. Various challenges force companies to dismantle old, cost-inefficient...Read more
It’s difficult to think of a business process that is more unpopular than budgeting.
In nearly two decades of writing and talking...Read more
Why, when everyone hates it, do we still have traditional budgeting? My tentative answer to this would be that most people were not aware of the alternatives. This blog will...Read more
In the period from 2001 to 2006, the Retail division of Swiss Post transformed itself from a public service company into a business driven sales organization. Crucial drivers...Read more
Many sophisticated business environments use budgets as a bridge between actual and forecast. Within the corporate finance domain, budgets are used to allocate resources and...Read more
As a former public accounting auditor, I have been through my fair share of busy seasons which usually ran from September to April. My busy season experience...Read more