With Host Budget, users simply use their internet browser to access business information located throughout the company in existing systems and programs. Host Budget integrates this information and stores it all in a central location for quick and easy access. The browser displays and functions in Excel format so it is familiar to the user.
Your company has just gone through a long and tedious process of developing and approving its strategic plan. Now the question is how will you turn these "big picture" goals into measurable objectives that can be tracked and reported? Host Scorecard will assist you in taking measures from several divisions such as operations, finance, technology, and human resources.
This first of two articles that apply the techniques that the Marines use when planning a campaign to the corporate planning process.
This first of three articles reprinted from Strategic Finance Magazine by Bob Paladino. It focuses on Principle 1: Establish and Deploy a CPM Office and Officer. Content for this article has been adapted in part from Bob Paladino's book "Five Key Principels of Corporate Performance Management, from Wiley Publishing, January 2007.
Budgeting, planning, forecasting adn reviewing consume a large portion of a finance department's time. Ventana Research recently completed extensive benchmark research devoted to planning and budgeting. Our research found that almost three-quarters (72%) of companies are considering making changes to their process or have made some during the last 18 months. However, those changes often are merely tactical and do little to increase fundamental effectiveness. Companies need to do more.