TOLL FREE: 1 855 TRUE SKY (878 3759)

Blogs about Business Budget Planning

Achieving Operational Alignment Budgeting Software Business Budget Planning Corporate Budgeting Software Corporate Performance Management System Financial Systems True Sky

Has Your Organization Outgrown Excel?

There is no getting around it – Microsoft Excel can be a great tool for budgeting and forecasting, but it has its limitations. Often, that can look like less security, lengthy formatting time, inaccurate data, difficulty merging spreadsheets, etc.​ Here are some signs you may have outgrown Excel:​ You rely on…

Read More
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…

Read More
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…

Read More
Accounting Budget Accountability Budgeting Budgeting and Forecasting Budgeting Best Practices Budgeting for IT Budgeting Process Budgeting Software Business Budget Planning Business Budgeting Business Budgets Business Cash Flow Business Forecast Business Forecasting CFO Corporate Budget Planning Corporate Budgeting Corporate Budgeting Software Excel for Budgeting Forecasting and Planning Rolling Forecasts Strategic Budgeting True Sky

Are You Budgeting for the Right Things?

Make Sure Your Strategic Planning and Budget are Aligned Every business needs a budget, right? But how do you know if your budget is right for your business? For most organizations, it is not enough to simply track all of its expenses and revenue. For your business budget (and your…

Read More