Who could foresee the current inflation levels that we can see in developed economies? Inflation is a phenomenon that, if not understood correctly, can lead us to wrong conclusions and, therefore, to wrong decisions. 

The budget process still requires a lot of time and effort, which risks creating an outdated financial picture before the year starts. This blog explores how much value should be placed on detailed budgets and examines the methods that can help streamline any budget team.

Watch this video from Garrett Dennie to learn how process and integration can pay valuable dividends.

Installing a planning tool early, regardless of the company's situation, is a good idea despite the investment required. Prioritising the proper criteria based on organisational needs using a checklist of standards will help compare all the different tools on the market to identify what suits the organisation best.

In this series of blogs, the author is looking at several areas that FP&A departments must address if they are to add value to the organisations they serve in this technology-driven age. In this blog, he looks at management processes.

In this video, you can learn more about their Beyond Budgeting journey from Guillaume Verbiest, Head of Finance Transformation and Performance Management.