n Professional Accountant - An uninformed budget can derail strategy, agility

Volume 2007 Number 1
  • ISSN : 1680-7537


Extracted from text ... An uninformed budget can derail strategy, agility David McWilliam I Managing Director, Cognos SA Performance Management provides the tools for enterprise planning and budgets. yf^ o guide business decisions, strategy and budget creation, inputs are often required from a number of divisions, lines of business, competencies (such as HR and marketing) and outside sources. Unfortunately, many businesses have rigid or legacy systems that hinder the delivery of, or access to, information. This encumbers visibility, accountability and predictability, making the process of budgeting a protracted and time-consuming task. This is further exacerbated by market changes and influences that require that financials be ..

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