Companies boosting tech budgets despite recession risk
CFO Dive
AUGUST 19, 2022
companies are expanding their technology budgets to drive growth, PwC found in a survey. Despite the prospect of recession, more than half of U.S.
Budget 2022: A thumbs-up for Digital India
CFO News Room
FEBRUARY 3, 2022
The Indian technology sector saw several major announcements in the Union Budget 2022, with a few misses in the startup segment. Budget 2022’s announcements on manufacturing, sustainability, electronics, digital currency, innovation and startups with technology as the cornerstone are expected to give a fillip to the tech industry.
Budgeting 
130
130 Join 68,000+
Insiders
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Trending Sources
Union Budget 2022: Tech push for agri sector
CFO News Room
FEBRUARY 5, 2022
In her Budget speeches for 2019-20 and 2020-21, finance minister Nirmala Sitharaman referred to ZBNF as ‘innovative model for doubling farmers’ income’. The activities eligible for funds include start-ups which support FPOs, provide machinery for farmers on rental basis at farm level, and technology including IT-based support.
Budgeting 130
130 
The Benefits of Automating Budgeting Processes
Centage
AUGUST 16, 2023
Finding a tool for automating budgeting helps companies maintain and grow their business in numerous ways. A solution that provides automated budgets can easily wrangle this data into absorbable metrics that tell a story. Automating budgeting cuts out literally hours of work. Less time inputting information.
Budgeting 98
98 
Union Budget 2024: FinTechs expect dedicated policies on cloud technology, CBDC
CFO News
JANUARY 23, 2024
FinTechs have started pouring in their expectations from Union Budget 2024 — from policy announcements on CBDC, increased credit corpus for MSMEs, incentives for further innovation in the sector and much more. Here's what they expect:
Budgeting 52
52 
Beyond Budget Season: Continuous Financial Planning for Success
Centage
AUGUST 29, 2023
Budget season is one of the most important times for financial teams, as it sets the tone for how well the company will grow. However, teams shouldn’t only focus on business budgeting for a month or a year. Let’s discuss those along with what you need to create a powerfully-built budget.
Budgeting 98
98 
Budget 2022: Digital rupee from FY23
CFO News Room
FEBRUARY 5, 2022
The Union Budget for 2022-23 made a string of other announcements on digital payments, including a plan to offer netbanking to depositors with India Post and another to set up 75 digital banking units across as many districts. The government also intends to tax transfer of ‘digital assets’, widely interpreted as cryptocurrencies, at 30%.
Budgeting 130
130 
Technology budgets: Businesses spend more on cybersecurity
Future CFO
AUGUST 24, 2022
When it comes to technology budgets, businesses are spending more on cybersecurity, said Sophos recently when releasing results of a survey. According to The Future of Cybersecurity in Asia Pacific and Japan — done in collaboration with Tech Research Asia (TRA), 11% of technology budgets are dedicated to cybersecurity in 2022, up 8.6%
Budgeting 52
52 
The best technologies for categorization in planning and budgeting software
Spreadym
MARCH 12, 2023
Categorization is important because it helps company define items for planning and budgeting more easily. Most of companies for their strategic planning or long-term budgeting don’t need very detailed structure of the assortment of goods. It’s rather then enough to aggregate it on more general level.
Budgeting 52
52 
Union Budget 2022-23: Govt maintains focus on sector
CFO News Room
FEBRUARY 6, 2022
While the sizeable increase in infra spend and sectoral initiatives in Union Budget augur well, there is need for policy reforms that help create a robust private investment ecosystem. Both of these would be addressed through the Gati Shakti initiative which is one of the cornerstones of Budget 2022-23.
Budgeting 130
130 
Budget infuses more atmanirbharta into MSMEs — Sanjay Agarwal
CFO News Room
FEBRUARY 4, 2022
How the Budget platform was used for setting a roadmap for the next 25 years is indeed commendable, with something for everyone and a special focus on new-age industries like start-ups, infrastructure, blended fuel, electrical vehicles, digital currencies, blockchain technologies and renewable energy.
Budgeting 130
130 
Holding Onto Your Marketing Budget in a Downturn
CFO News Room
NOVEMBER 13, 2022
But more importantly, marketers know from experience that when the economy turns, their budget is an easy target. During the pandemic, we saw numerous productive marketing advances, many of which were long overdue — from more agile budget allocation to accelerated digital transformation connecting marketing and e-commerce.
Budgeting 130
130 
Collaborative Budgeting Process
Spreadym
NOVEMBER 8, 2023
Collaborative budgeting is an approach to financial planning and management that involves the active participation of multiple individuals or teams within an organization. It goes beyond the traditional top-down budgeting process, where senior management sets financial targets and allocates resources.
Budgeting 59
59 
Budget 2022 focuses on futuristic growth: Vidit Aatrey, CEO, Meesho
CFO News Room
FEBRUARY 5, 2022
Resilience, inclusive growth, and technology-enabled development – the Budget 2022 by finance minister Nirmala Sitharaman aims to create an enabling framework to achieve these three benchmarks. Also Read | Union Budget 2022 focuses on long-term economic growth; watch out for these sector stocks for strong gains. By Vidit Aatrey.
Budgeting 130
130 
Workday: How CFOs can make agile budgeting successful
Future CFO
FEBRUARY 25, 2024
Editor’s note: Have you already adopted agile budgeting? Pannie Sia (pictured), general manager, ASEAN, Workda y explains what it is, how it’s different from traditional budgeting, the benefits it brings, and how CFOs can make agile budgeting effective and successful. FutureCFO: Why do finance functions do agile budgeting?
Budgeting 52
52 
Union Budget can lead to more jobs, better healthcare: Saugata Gupta, CEO, Marico
CFO News Room
FEBRUARY 5, 2022
The previous year’s Budget focused on foundational measures towards a consumer-driven economy while keeping a keen eye on post-Covid recovery. The Union Budget continues the policy direction set by last year’s Budget. Also Read | Union Budget 2022: Tech push for agri sector. By Saugata Gupta.
Budgeting 130
130 
A Budget for agri-innovation and sustainable growth — D Narain
CFO News Room
FEBRUARY 4, 2022
Undoubtedly, government support, a conducive policy framework, and budgetary incentives linked to investments in agriculture are key to reinvigorating the sector and making Indian agriculture globally competitive, especially with the emphasis on agri-technologies and digital transformation.
Budgeting 130
130 
Why Data is So Important to Manufacturing Budgets
Centage
JUNE 2, 2023
Technology has been a boon for manufacturing in a million different ways – from online ordering, to faster invoicing, to optimizing sales teams. While all of this data helps manufacturing companies to be more efficient, when it comes it comes to creating a manufacturing budget , data is also just as critical.
CFOs project higher AI budgets in 2024, Gartner says
Future CFO
FEBRUARY 12, 2024
Chief financial officers are projecting higher budget for artificial intelligence in 2024, forcing conversations on AI ambition and policies, according to a survey by Gartner. To ensure AI funds are spent wisely, CFOs should work with the C-suite to establish an organisation’s vision for the technology, according to Gartner.
Budgeting 52
52 
Budget Preparation Process: Full Step Guide
Spreadym
SEPTEMBER 12, 2023
Budget preparation is the process of creating a detailed financial plan that outlines an organization's expected income and expenses for a specific period, typically for a fiscal year. Here are the key steps involved in budget preparation: Define Objectives and Goals : Begin by establishing clear financial objectives and goals.
Budgeting 59
59 
What's driving technology adoption in FP&A?
Future CFO
SEPTEMBER 9, 2022
Technology adoption in FP&A is set to accelerate, driven by macroeconomic uncertainty and ongoing disruptions, said Gartner recently. Six core recommendations Gartner has the following six core recommendations for finance functions to make the best of technology adoption in FP&A in 2022. appeared first on FutureCFO.
2023 and Beyond: Budgeting & Planning with QuickBooks Online Advanced to Manage Through Constant Change
Centage
DECEMBER 7, 2022
Earlier this year we announced that we’d teamed up with global technology firm Intuit Inc. , Explore technology – look for technologies that will help you drive a faster, more efficient process and shorten cycle time so you can have more frequent runs on decision making and can turn around quicker answers.
Budgeting 98
98 
Leveraging the right kinds of technology to handle communications more effectively
CFO Dive
AUGUST 1, 2022
As companies continue to face challenges in mobile communications — from both an administrative and budget perspective — better solutions are sorely needed.
Communication 130
130 
Differences Between Budgeting and Forecasting in Business
Spreadym
SEPTEMBER 19, 2023
Budgeting and forecasting in business are both financial planning tools used by businesses, but they serve different purposes and have distinct characteristics. Here's an overview of the key differences between budgeting and forecasting. Forecast: Forecasts are not used for performance measurement in the same way as budgets.
Budgeting 59
59 
CFOs eye budget increase for employee compensation, Gartner says
Future CFO
MARCH 21, 2024
Chief financial officers are planning to increase budgets for employee compensation, according to a survey by Gartner, Inc. Employee compensation is second only to technology with 82% of CFOs planning an increase in 2024. The post CFOs eye budget increase for employee compensation, Gartner says appeared first on FutureCFO.
Budgeting 52
52 
Budget 2022-23: Taxing virtual assets doesn’t give legitimacy to cryptocurrencies, says FM Nirmala Sitharaman
CFO News Room
FEBRUARY 6, 2022
After presenting the Budget, finance minister Nirmala Sitharaman interacted with a group of media persons where she highlighted the government’s resolve to generate more jobs by giving thrust to startups, MSMEs, manufacturing firms and defence equipment producers. How is the budget is going to promote job creation? Is it not illicit?
Budgeting 100
100 
7 Best Budgeting Software for Small Businesses
The Finance Weekly
OCTOBER 8, 2023
Budgeting software can greatly help by , automating financial tasks , making processes more efficient, and leading the business toward long-term success. Keep reading to find out the best budgeting software for small businesses. Why You Should Use Budgeting Software for Your Business?
How onshore Technology Expense Management (TEM) support will regain prominence in 2024!
E78 Partners
MARCH 2, 2024
One of the common themes that emerged from these conversations was the need for simplification of their tech stack and reducing their technology spend. This is understandable, given the increasingly high cost of capital, which strains businesses’ investment in growth and IT budgets. ( no surprises! ) Here’s to a successful 2024!
Technology 52
52 
CFO budget 2023: What’s unlikely to get cuts
Future CFO
OCTOBER 4, 2022
When it comes to CFO budget 2023, only 7% of finance leaders plan to cut customer service spending over the next 12 months, said Gartner recently. CSS leaders should therefore prioritise the technologies that meet these criteria to make the strongest case for investment when it comes to CFO budget 2023, the research firm advised.
Budgeting 52
52 
Technology for database processing
Spreadym
MARCH 15, 2023
Corporate data processing refers to the use of technology to collect, store, manipulate, and analyze large amounts of business data in a corporate setting. There are many different technologies available for databases, each with its own strengths and weaknesses. Read here about flexible security configurations.
Technology 52
52 
CFOs: Have you increased technology spending?
Future CFO
JULY 2, 2023
Technology spending in Asia Pacific will remain robust and grow by 5.8% In spite of challenges including fragile post-pandemic supply chains; a shortage of science, technology, and engineering workers; and questions around how quickly China can restart its economy, APAC’s technology spending will continue to grow by 6.8%
Technology 52
52 
Budgeting tips for resilient organisations??
CFO Talks
JUNE 20, 2022
Klein says companies that embraced technology fared better during the pandemic and built the foundation for their resiliency. They invested in their digital transformation with the implementation of new business models, using new technologies or making supply chains more robust. “As Zero-based budgeting.
Budgeting 52
52 
KPMG survey: digital leaders believe technology brings productivity gains
Future CFO
SEPTEMBER 26, 2023
Digital leaders are confident that embracing technology across various areas of business is bringing productivity gains, according to a latest survey by KPMG. The KPMG Global Tech Report 2023 found that advancement in technology is not being slowed by the uncertainties in the economy.
Technology 52
52 
Security budgets rise more than in 2022 despite economic headwinds
Future CFO
MARCH 26, 2023
Security budgets are forecast to net increase by 29% in 2023 compared to a year ago, after a 26% rise in 2022, said S&P Global Market Intelligence recently when releasing the report of the Voice of the Enterprise: Information Security, Budgets & Outlook 2023 study.
Budgeting 52
52 Accountants’ Technology Budgets Running Dry
PYMNTS
AUGUST 1, 2018
A new survey from K2E Canada suggests small business accountants understand that technological disruption is a major challenge, yet few are addressing the issue. Specifically, workflow management is the area in which technology may be most disruptive for the profession in the coming years.
Budgeting 40
40 
FP&A AI: Future State - How Technology Will Change Budgeting and Reporting
Lime Light
AUGUST 14, 2023
FP&A AI is going to change the way you work in the near future - learn how you can best leverage this exciting new technology.
Technology 52
52 
FP&A AI: Future State - How Technology Will Change Budgeting and Reporting
Lime Light
AUGUST 14, 2023
FP&A AI is going to change the way you work in the near future - learn how you can best leverage this exciting new technology.
Technology 52
52 
Weighing Your Options: The Disadvantages of Using Spreadsheets for Budgeting and Planning
Centage
JULY 19, 2023
“Is it in the budget?” That’s because budgets are the foundational backbone of every company. Many organizations integrate updated technology to do everything from streamlining processes to facilitating marketing and sales initiatives. Using Excel for budgeting may be a workable solution.
Budgeting 52
52 
CFOs plan budget changes: Sales function mostly likely to get increases
Future CFO
FEBRUARY 15, 2023
CFOs plan budget changes and sales functions are likely to get more resources in 2023, said Gartner recently. Executive teams must enhance profitability and cashflow quarter-to-quarter across 2023, and they continue to embrace technologies that will simplify workflows, reduce people costs, and enhance overall productivity,” said Bant.
Budgeting 52
52 
Stop Trying to Make Your Old Broken Budgeting Process Work
Collectiv
FEBRUARY 6, 2023
Why do so many organizations abandon their budgets halfway through the year? Because the traditional budgeting process is broken. In the latest episode of Collectiv Conversations, I chatted with Stephen Newland about the future of financial planning and analysis and how we can improve the forecasting and budgeting process.
Why Financial Forecasting Is More Important Than Your Annual Budget
Centage
DECEMBER 1, 2021
Once upon a time, businesses were satisfied with creating an annual budget. You used your budget as a measuring stick to gauge performance against assumptions made months ago. But times have changed – which is why financial forecasting is more important than your annual budget. CEOs increasingly share your concerns. Watch Demo.
Forecasting 98
98 
4 proven tactics to survive budget season for finance leaders (video included!)
Cube Software
SEPTEMBER 22, 2023
As a former 3x CFO, I've survived my fair share of budget seasons—and so has my colleague , Chris Ortega (fractional CFO and CEO of Fresh FP&A). From budget season horror stories to tales of success, Chris and I discussed it all in our recent webinar, Surviving Budget Season: 4 Proven Tactics for Finance Leaders.
Budgeting 52
52 
Emerging technologies: Business and tech leaders are unprepared
Future CFO
OCTOBER 12, 2023
Emerging technologies such as generative AI have caught both business and tech leaders unprepared, said PwC recently. Eight in 10 (79%) expect cyber budgets to increase — up from 65% in 2023. The post Emerging technologies: Business and tech leaders are unprepared appeared first on FutureCFO.
Technology 52
52 
CFOs pulled deeper into tech duties
CFO Dive
OCTOBER 11, 2022
Digital transformation is another responsibility that has shifted over to CFOs, with 61% now in charge of technology budgeting, spend and approval, a recent study found.
Budgeting 296
296 
Let's personalize your content