The budgeting process for many organizations is confusing, inefficient, and often ineffective. Christian, from Jitasa, will walk through different budgeting methodologies, understanding the key areas of risk in the budgeting process, and learn to break down your budget into actionable goals. They will also walk through the importance of creating ongoing forecasts to ensure your strategic goals are within reach. Wrapping up, they’ll teach you how to automate both the budgeting and forecasting cycle to provide rapid decision-making capability for your organization.
What will be covered?
- Identify the different types of budgeting methodologies and which ones are the most effective
- Step by step process to building your budget for success
- Understand the difference between budgeting and forecasting and why your organization needs both
- Utilize technology to speed up the budgeting and forecasting cycle.