5 Indicators Your Company Needs A Finance Transformation – Annual Budget Cycle Times (Part 3 Of 5)
The length of time it takes from the kick-off to the budgeting process to final approval reflects the efficiency of the Budget process and, as we all know, time is money. A faster Budget cycle puts less strain on human resources, systems and operating units giving them more time to focus on growing and improving the business instead of debating the measure at which their performance will be judged.
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