Resources

A Finance Director’s Guide to Planning, Budgeting and Forecasting

by Oracle NetSuite

Few finance professionals would question the value of planning, budgeting and forecasting. Together, these processes provide a roadmap for a business and give its workforce clear directions on how to reach the intended destination.

Although the value can’t be questioned, the tools and approaches that many organisations use can be questionable. The typical planning, budgeting and forecasting processes leave finance team with very little time for analysis, strategy development and target setting. Much of the hassle associated with planning and budgeting can be laid squarely at the door of the humble spreadsheet. But working with a collection of disconnected spreadsheets, errors quickly creep in, through poor version control, data-entry mistakes and formula errors.

Today, for many midsized companies, just like large enterprises, cloud-based planning and budgeting tools are a vital enabler of growth, enabling them to stay agile and responsive to new business opportunities.

Download this whitepaper to explore modern planning and budgeting tools in a cloud-based ERP system.

Share
Was this article helpful?

Related Resources

Optimising Working Capital with Intelligent Automation
whitepapers | Automation

Optimising Working Capital with Intelligent Automation

2m
Real-Time Visibility: A Key Boardroom Agenda For Global Finance Leaders
whitepapers | Corporate Finance

Real-Time Visibility: A Key Boardroom Agenda For Global Finance Leaders

2m
2024 FX Navigator
whitepapers | Corporate Finance

2024 FX Navigator

5m

Other resources from Oracle NetSuite

Your Next Six Months As CFO
Corporate Finance

Your Next Six Months As CFO

2y
Guide to Continuous Accounting

Guide to Continuous Accounting

3y
The Future of Finance is in the CFO's Hands

The Future of Finance is in the CFO's Hands

3y
Navigating New Paths: Three Challenges CFOs Must Overcome in 2021 and Beyond

Navigating New Paths: Three Challenges CFOs Must Overcome in 2021 and Beyon...

3y
Webinar: Looking forward: How SMEs are focusing on the future of economic recovery and growth

Webinar: Looking forward: How SMEs are focusing on the future of economic r...

3y
From Basic Accounting Software to NetSuite Financials

From Basic Accounting Software to NetSuite Financials

3y
A Finance Director’s Guide To Period Close

A Finance Director’s Guide To Period Close

3y
State of the CFO Role Survey 2020

State of the CFO Role Survey 2020

4y