Five things to look for in an enterprise planning and budgeting system
The onset of COVID19 brought about a plethora of changes in business operations and day-to-day dealings. It required rapid improvements and shift to cater to the uncertainties in the demand and they often fell short of the speed with which they were required to adjust the forecast and revise the budgets.
More than a year down the line, the pandemic has proven to be the biggest disruptor in the technology space. All the major and dominant businesses have significantly increased their spending on robust technology and planning solutions. Budgeting, planning and forecasting remain to be on the top of their priorities.
However, when the top executive of these firms are looking for new solutions, they are confronted with a bewildering array of choices and are forced to decide between cloud, on-premise, and in-house solutions. Further, they have to decide between automating their current processes or selecting a solution with functionality that will allow their organization to explore newer methodologies, such as driver-based budgeting and integrated business planning, that are delivering transformational benefits.
Here in this E-book, we have tried to offer answers to these questions and highlighted the must-have features their enterprise planning and budgeting solutions must possess.