There are unpleasant surprises (a parking ticket on your windshield, for example) and then there are pleasant surprises. Well, XLerant received a very pleasant surprise recently being named the #1 Pick for Budgeting Software by Accounting-Payroll Software. Goodness knows there are a lot of alternatives out there, but BudgetPak is the only budgeting application that… Read More
The 8 Killers of Budgeting (and what to do about them)When I was a Manager of Financial Planning & Analysis for Pepsi in New York we experienced some challenges with our planning process. Doesn’t everybody? I thought these struggles were localized, so when I took a two year assignment with Pepsi in Europe, I thought I’d see a different set of issues. I didn’t. They… Read More |
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Is Budgeting Mission Critical?Is budgeting mission critical, or is it a nice to have… or simply a necessary evil? Your view probably depends on what your current budget process is like, and whether or not it produces value. If, for example, you spend most of your time fixing broken links in spreadsheets so you can roll the numbers… Read More |
My day at EACUBOI had the pleasure of participating in the annual EACUBO workshop at the end of March. Hands down, it was one of the best events I’ve ever attended. For those of you who do not know EACUBO, the acronym stands for the Eastern Association of College & University Business Officers, and it is a regional… Read More |
Naked Budgeting(The Streaker of ’74 behind Oscar presenter David Niven) For those of you who are squeamish, I apologize for the Streaker of ’74. He won’t show up again in this post, but I have to get your attention somehow. Now on to more serious matters… When it comes to budgeting, most organizations are not that… Read More |
Just how fast is the world changing?Every once in a while I’m reminded of fast the world is changing, and at the same time small it’s getting (truly we live in a global village). Our planning processes are supposed to be informed by these changes and keep pace with them. A colleague of mine sent me a link to a short… Read More |
Is Your Budget Process Fair?I realize that the question isn’t one you stop and think about during the heat of the budget battle. There are templates to be created, links that need to be validated, formulas to be edited. And that’s just preparation! All of that work represents just a fraction of the time spent developing, reviewing and reworking… Read More |
It Takes A Village To Build A BudgetThere’s no doubt that Finance runs the budget process, and probably should. But we can get so focused on the mechanics of getting the budget done, that we can almost forget that it takes a village to build it. Let’s keep in mind that the purpose of budget process is to allocate resources, and a… Read More |
Incredible Video on Coordination & PlanningHow do you get 185 people in 12 countries, who have never met before, to come together and sing in a virtual choir? Coordination & planning, that’s how. I don’t want to give too much away, but this video will set you back on your heels. http://www.youtube.com/watch?v=D7o7BrlbaDs I could spend a lot of time explaining… Read More |
A Failing City Calls in the Budget DoctorEvery once in a while I come across a podcast that I think is illuminating – makes a point but does so in a clever or revealing way. I found one the other day and wanted to share it. A Failing City Calls in the Budget Doctor http://www.npr.org/player/v2/mediaPlayer.html?action=1&t=1&islist=false&id=134430495&m=134431356 It’s only about five minutes, but you’ll… Read More |