Planning and Budgeting - European Study

Planning and budgeting are indispensable but also time-consuming. Although companies need to be very flexible in today's dynamic business world, rigid planning and budgeting processes often inhibit flexibility. The BARC - Business Application Research Center conducted a study on how European companies approach planning and budgeting. The study looks at the planning methods, planning periods, forecast cycles, changes in the planning process, regulatory requirements and planning and budgeting software solutions that companies use.