How to Solve Your Biggest Budgeting Challenges

How to Solve Your Biggest Budgeting Challenges

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No business can survive without proper budgeting, yet it’s a process many organizations just can’t seem to get right. And it’s no wonder. Whether financial silos or technology limitations, certain budgeting challenges have plagued CFOs and finance departments for years, prompting many to call for change.

According to a report by The Hackett Group (registration required), 62 percent of finance organizations plan to make moderate or major changes in their forecasting, budgeting and planning processes. The study, which surveyed more than 160 executives around the world, also found that 71 percent plan to standardize or…

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