Financial Forecasting, Planning, and Adjusting– Is it Really Necessary?
Forecasting, budgeting, business planning; what is the big deal? It is an important topic and at our User Conference, we had sessions and speakers talking about this. In the past, some mid-sized and most small companies have managed to grow and be profitable without formal planning and strategic visions. For some executives, budgeting and planning seems like a lot of wasted effort to creating fictional numbers that are a guess today and completely irrelevant in six months!