Improving the value added of budgeting activities

TAKEN FROM : Revista Economica

Attention Managers!!

In recent times, there is much talk about “traditional Budgeting” and “modern Budgeting”. Do you know why some companies have to see failure even after following the budgeting process thoroughly?

Do you know according to a study the level of dissatisfaction rises with the time spent on the planning process?  Not just that even the survey says 40% of the analyzed companies the planning process is too much time-consuming. With the help of some visual stats, we have tried to show what goes wrong and what can be done. Go through this free e-paper to find out how the value-added of budgeting activities can be Improved and what it can lead to.

 

Plese click here to read the original article on : http://economice.ulbsibiu.ro/