Integration is Paving the Way for Dynamic Financial Planning
July 19, 2018
Traditional approaches to financial planning are no longer sufficiently flexible or sophisticated to enable rapid response to dynamic changes in the business environment. As a result, financial plans can end up disconnected from the day-to-day reality of the organization and ultimately, the financial planning process becomes an exercise in playing catch-up rather than a path to desired results. In today’s volatile business environment, leaders need to be planning in sync. To do so, they need their capital budgeting, long-range planning, annual planning, strategic and operational planning, and management reporting to be integrated.
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