For organizations with annual expense budgets, it is important to have procedures for monitoring expenditures and budget items throughout the

As the year slowly draws to a close, CFOs also start their annual haggling over costly budget items. Various challenges

It’s difficult to think of a business process that is more unpopular than budgeting. In nearly two decades of writing

Why, when everyone hates it, do we still have traditional budgeting? My tentative answer to this would be that most people

In the period from 2001 to 2006, the Retail division of Swiss Post transformed itself from a public service company into

Many sophisticated business environments use budgets as a bridge between actual and forecast. Within the corporate finance domain, budgets are