March 26, 2014 at 2:55 am #181890
Earlier this month, Aberdeen Research released the results of their 2014 Financial Planning, Budgeting, and Forecasting and Enterprise Performance Management Benchmark Survey. The survey sought to discover the best practices and technologies used by organizations that are successfully navigating the financial planning, budgeting and forecasting process. So, what did the survey reveal?
First, Best-in-class organizations individually have their own budgeting and forecasting processes. Collectively, however, leading organizations focus on the same seven key capabilities when selecting their world-class planning, budgeting and performance management software solutions:
- Integrated Service Oriented Architecture
- Line of Business Model
When software is used to supplement already established best practices, even the most complex budgeting, financial consolidation and reporting process can be transformed into a simple, easy-to-use framework.
So, what are your “must-have” capabilities when selecting a budgeting and performance management software solution? Let me know in the comments section?
Still not sure?
Join Neubrain experts on March 27th at 2pm for a free webinar with demo, “Budgeting without Borders: How to Streamline Budgeting, Planning and Forecasting Processes.” During this webinar, you will learn best practices and key capabilities to eliminate stress from your budgeting, planning and forecasting processes.
This report, based on a survey of 133 organizations, reveals the capabilities and technologies that comprise the ammunition that Best-in-Class organizations use to remove the difficulties that come in the financial planning, budgeting, and forecasting process.
This report provide invaluable insight – See more at: http://www.aberdeen.com/Aberdeen-Library/8861/RA-financial-forecast-planning.aspx#sthash.1fNhIPdG.dpuf
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