ZERO BASED BUDGETING IS A MARKER OF AGILITY IS ZERO-BASED-BUDGETING (ZBB) THE WAY TO GREATER FINANCIAL PLANNING AND ANALYSIS ACCURACY? If you want to improve accuracy, then FSN’s latest research, “Agility in Planning, Budgeting and Forecasting” highlights that ZBB is the way to go. The question is why? The idea that a budget is recalibrated … Continued
In today’s turbulent markets, ‘speed to insight’ is incredibly important, yet combining speed and insight has proved elusive for many enterprises. In the face of uncertainty many companies are reforecasting more frequently (71% reforecast more than twice a year) but FSN’s research, The Future of Planning, Budgeting and Forecasting, finds that such an approach is … Continued
Budgeting, planning and forecasting is a collaborative exercise, especially in a matrix’d management structure that requires a consensus approach. In broad terms, the more participants in the process, the more diverse the functional areas from which they are drawn and the closer the individuals are to the sharp end of the business, the more likely … Continued