|
|
Article: Finance: Budgeting for the future The task of budgeting, usually seen in a negative light, can benefit from more effective software which emphasises the need for analysis of future trends.
- Article from:
- The Independent (London, England)
- Article date:
- January 20, 1999
- Author:
CopyrightCopyright 1999 The Independent - London. Provided by ProQuest LLC. (Hide copyright information)
|
In most organisations, "budget" is a dirty word. Widely perceived
as a means for headquarters staff to control costs, the whole process
of budgeting in a company inevitably tends to be seen in a negative
light by managers who insist that they are given insufficient funds
to do what they are trying to do.
But Hyperion Solutions, one of the key providers of business
analysis software, is adamant that this does not have to be the case.
Indeed, it believes that it can help add value to a much derided
activity.
The company - created last summer by the merger of Hyperion and
Arbor - recently carried out research in conjunction with Financial
Director magazine and found that many companies were not ...