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.
 
 
 

 

 

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