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Beyond Budgeting in the Large Enterprise


In this Progressive CFO series, Dave Kasabian, Chief Marketing Officer of Tagetik, and Steve Player, Director of BBRT America, discuss the reasons why large enterprises have expanded their planning processes, the methods they’ve implemented and the benefits they’ve realized.


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Abstract

For those truly progressive organizations, simply speeding up existing budgeting & planning processes won’t suffice. Long gone are the days of a “better budgeting solution,” characterized by reducing a few days of processing time, flashier user interfaces and out-of-date output reports. The band-aid approach does little but delay the inevitable and as such, advanced companies have moved beyond traditional budgeting requirements.