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Blogs about Budgeting Process

Accounting Budgeting for IT Budgeting Process Business Budget Planning CFO Challenges Corporate Budget Planning Data Communications Master Data Management Optimizing Business Performance True Sky

Communication is Important Especially In a Budget

Good communication is paramount to collaborating on workbooks. If you want something done a certain way, you need to give your users careful instructions.​ Essentially, think about the spreadsheet from the perspective of your least technical user, and create it for them.​ Some best practices:​  Put instructions on the page. Even…

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Budgeting Process Business Budgeting Corporate Budget Planning Corporate Performance Management Optimizing Business Performance Strategic Budgeting True Sky

Simplify your Budgeting Process with Design

When you are designing a template or entry form, you want it to be easy to use. And that starts with the initial impression. In general: Do not show 1,000 columns or 1,000 rows in a spreadsheet. Hide fields and use filters to simplify the workbook. In the right templates,…

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Here’s Why You Need a Budgeting Software Solution

Tell us if this sounds familiar: you set a goal of finalizing your budget within eight weeks. But seven of those eight weeks are spent collecting data and inputting numbers into a spreadsheet, tracking changes from other staff, merging documents, catching small errors, and generally giving you one large, administrative headache.​ By…

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Accounting Budgeting Budgeting and Forecasting Budgeting Best Practices Budgeting Process Business Budget Planning Business Budgeting

Finding a Balanced Budget: Too Detailed vs. Not Detailed Enough

A balanced budget can mean several things. It can have the traditional meaning of balancing your expenses and income so that you do not run a deficit. But it can also mean balancing your time and business resources during the budgeting process. Your budget tells a story about your business…

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