Time to Manage the Budgeting Process

  • It is difficult to budget at a detail level.
  • You are not able to do it.
  • Unknown how you doing it today.
  • You have to keep track of changes made to your budget templates today.
  • You get concerned about the accuracy of your budgets due to changes that can’t be tracked.
  • Cannot track who made the change to a budget, when, and to what account.
  • You are unable to include explanations for budget entries, on the budget templates themselves, today.
  • Spend much time explaining budget entries.
  • Your current budget application is complex.
  • Unknown how you put together your budgets today.
  • Your budgeters are unfamiliar with using spreadsheets.
  • Files must be sent back and forth over the network or email.
  • Unknown time spent sending templates back and forth.
  • You loose time in the process to “shuffling” of files.
  • Budget templates are too general and not specific to budgeting needs.
  • Your current budget template is not detailed.
  • You need many different cost centers and accounts to maintain that budget.
  • It would help if you could create budget templates that are customized for each LOB manager.
  • You have to switch between financial applications while working on your budgets.
  • Unknown which ones.
  • It takes much time.

About the Author: AJ Amjad Khanmohamed

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