Document Actions
White Paper
Planning and Budgeting in European Companies: Performance management concepts, solutions and perspectives
Planning and Budgeting in European Companies
Performance management concepts, solutions and perspectives
| BARC Institute, Wurzburg, June 2008 |  |
Authors:
Dr. Carsten Bange Managing director
Oliver Dahnken Analyst and consultant
Dirk Friedrich Analyst and consultant
Abstract
Planning and budgeting are essential elements in the effective management of any company and can provide a solid basis for Corporate Performance Management projects.
This report presents a detailed examination of the various approaches, resources and software used by respondents to our major planning and budgeting survey. We also dig deeper to identify trends reported, and evaluate the success-rate of each approach based on resources used and satisfaction derived.
This report answers a myriad of questions including:
- Which planning approaches are used?
- How is reporting on planning and budgeting structured?
- Which technologies are used?
- How long does the planning process take?
- How often does the planning process change?
- How often are intra-year forecasts made?
- Which compliance issues are addressed in the planning process?
- Which systems are applied?
- How resource-intensive is the planning process?
- Which planning tools deliver the most user satisfaction?
This independent study was written by BARC, an unbiased market analyst. It can be distributed free of charge thanks to a sponsorship from Tagetik.