Planning and budgeting is one of the hottest topics in financial management with spending on budgeting software predicted to continue on its steady growth. Yet research suggests that while implementing new systems resolves problems for the finance function, too often it brings little benefit to the wider organization. This toolkit is a must for anyone involved in budgeting showing how to transform the process with driver-based budgeting. With its help you can:
*Slash the time and cost involved in preparing your annual budget allowing you to rapidly re-forecast your revenues and expenses
*Manage uncertainty by quickly assessing the impact of both changes in the markets and those inside the organisation, and revising your plans and budgets accordingly
*Quickly realign resources and expenses right across the organization
The book will be particularly helpful to management accountants, financial directors and chief financial officers, as well as students and management accountants studying for professional examinations
About the Author
Richard Barrett is Director of Enterprise Performance Management Marketing for Business Objects in EMEA. He started his career in pharmaceuticals, received an MBA in 1981 and became a Fellow if the Chartered Institute of Marketing in 1990. He has worked in consultancy, national and international positions in consumer marketing, insurance and business-to-business marketing. he first became involved in planning and budgeting as Planning Manager for DHL Express in Europe in the late ’80s and has continued his interest in teh topic ever since. In 200, he joined ALG Software, a leading provider of software for driver-based approaches to budgeting, which became part of Business Objects in 2006. he regularly speaks at performance management events and presents a course of driver-based budgeting for the Chartered Institute of Management Accountants (CIMA).