The 7 Personas of Budgeting

The 7 Personas of Budgeting (Also known as: Persona Non Grata!) Imagine this:  It’s budget time, and you are surrounded… Surrounded by department heads that don’t have financial training, but do have their own agenda and quirky approach to budgeting. You probably don’t have to stretch to imagine it – as most finance teams live…    Read More

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Zombie Spreadsheets

Zombie spreadsheets should be dead – for all intents and purposes they should have been put in the ground long ago – but they refuse to die. Budget templates are the most prevalent form of zombie spreadsheets. They’re complex. They’re prone to error. They’re difficult or impossible to fully audit. Only a handful of people…    Read More

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Hacking the Budget

What’s the one thing every Finance person complains about if their organization uses Excel for ng? That users break links or overwrite formulas or somehow introduce errors into the spreadsheet that Finance worked so hard to create. Intentional hacking? Unintentional hacking? Doesn’t matter — the results are the same. The implications are truly frightening. A…    Read More

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RFP’s Don’t Work

  Many organizations still issue RFP’s for selection of software products. Issuing and RFP is an extremely poor way of evaluating software in today’s world, particularly end user software such as budgeting software. RFP’s are generally a generic wish list of historical features and functions that are also normally equally weighted. The process is outdated…    Read More

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10 Problems Colleges & Universities Have With Budgeting

The problems that colleges and universities face when it comes to budgeting are significant. Given all the economic challenges higher education faces today and the need to do more with less, budgeting is clearly mission critical. That makes addressing the problems associated with budgeting a top priority. One of my old bosses used to say…    Read More

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Someday is now… Somebody is you

Someday we’re going to make our budget process better… somebody should really do that. How often have you thought that? How often have you discussed that with the people you work with? Well… that some day is now, and that somebody is you. I know firsthand that leading an effort to redesign the planning process…    Read More

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