Let It Roll - Why More Companies Are Abandoning Budgets in Favor of Rolling Forecasts

These days a budget is practically past its expiration date the moment the ink dries.
 
According to a recent survey of 273 companies by Accenture, only 11% are fully satisfied with their planning capabilities, compared with 17% 2 years ago and 20% 10 years ago.
 

This NetSuite report explores why some companies have parted with traditional budget, while some haven’t scrapped it completely, though many of them have already adopted rolling forecasts and flexible budgets.  

 

Listen to the opinions from the financial professionals from companies across the world, including:
  • Accenture
  • Unilever
  • Norton Lilly International
  • Statoil
  • American Century Investments
  • Farbman Group
  • Clements International
  • Solo Cup Co.
 
 
 

 

 

Download Now

Suggested Articles

Some of you might have already been aware of the news that Questex—with the aim to focus on event business—will shut down permanently all media brands in Asia…

Some advice for transitioning into an advisory role

Global risks are intensifying but the collective will to tackle them appears to be lacking. Check out this report for areas of concern