Remove Benchmarking Remove Planning Remove Strategic Planning Remove Tax Planning
article thumbnail

Easing the Struggles of the Annual Budgeting Process

Planful

What are some of the biggest problems with the annual budget, and how can teams improve budget planning? After all, a budget is simply a financial plan for a set duration of the company, including the projected income and expenses of the business. Rely on benchmarks and external indicators to improve accuracy.

article thumbnail

Strategic Finance Focus at Year-End

VCFO

Identify opportunities for operational improvement and incorporate strategic adjustments in the planning for the year ahead. It seems obvious, but actively reviewing actual vs. planned results and understanding the variables at play is imperative to identifying areas of improvement.

Finance 91