Financial planning: Realizing the value of budgeting and forecasting

March 2010
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Financial planning: Realizing the value of budgeting and forecasting

At a glance

The need for increased value and accuracy from financial planning led us to commission this thorough research study that not only focuses on the current challenges but also on the practices organizations are deploying to improve financial budgeting and forecasting activities.

Managing business performance in today’s complex and rapidly changing business climate is crucial for any organization’s short-term and long-term success. In order to maintain investor confidence and provide insight to top management, there is an increased demand for finance organizations to provide prospective insights on business trends and drivers of performance. The need for increased value and accuracy from financial planning led us to commission this thorough research study that not only focuses on the current challenges but also on the practices organizations are deploying to improve financial budgeting and forecasting activities.