The Role of Top-Down vs. Bottom-Up Business Budgeting in Modern FP&A
Centage
JULY 19, 2022
With a top-down approach, senior leadership sets the financial constraints, and departments create their budgets accordingly. Business budgeting is a crucial factor with the ability to impact a business’ long-term success or failure. So, employees can focus on doing their jobs. Of course, top-down budgeting does have its drawbacks.
Let's personalize your content