09/17/2021
Planning and budgeting should be timely and involve as much information as possible. As technology continues to advance, the windows of time in which companies budget will continue to decrease (i.e. yearly to quarterly, quarterly to monthly, monthly to weekly, etc) until this is an almost continuous process facilitated by AI and machine learning.
What is your company utilizing for your planning and budgeting processes currently and how does that connect with each part of your business? We would love to hear about it!
https://www.cfo.com/budgeting/2021/09/a-new-planning-paradigm-for-cfos/