John Wiley & Sons Inc., 2003, - 299 pages.
Process Improvement for Effective Budgeting and Financial Reporting combines methodologies and systems from general business process improvement and business reengineering theories and applies them specifically to budgeting and reporting processes. Our goal for this book is to help you to be realistic about the outcomes you can deliver with your available time and resources. To that end, we have applied the well-known 80/20 principle, meaning that we aim to help you improve 80 percent of all inefficient processes, and in 20 percent of the time it would take to attempt to fix 100 percent of all processes (which we believe is close to impossible due to the frequently changing nature of organizations and technologies).
This book focuses on using business process improvement (BPI) to help you analyze your company’s current inefficiencies and to create a strategy to improve your planning and reporting and management decision-making processes. In short, the book will help you to address the issues shown in Exhibit P.1.
Another objective for this book is to provide a tool for anyone who sees a need to improve their company’s budgeting and reporting processes, not just by buying new software or adding interesting reports, but by addressing the broader underlying organizational process issues. The point is to achieve long-term improvement that will have a significant positive impact on the business.
Process Improvement for Effective Budgeting and Financial Reporting combines methodologies and systems from general business process improvement and business reengineering theories and applies them specifically to budgeting and reporting processes. Our goal for this book is to help you to be realistic about the outcomes you can deliver with your available time and resources. To that end, we have applied the well-known 80/20 principle, meaning that we aim to help you improve 80 percent of all inefficient processes, and in 20 percent of the time it would take to attempt to fix 100 percent of all processes (which we believe is close to impossible due to the frequently changing nature of organizations and technologies).
This book focuses on using business process improvement (BPI) to help you analyze your company’s current inefficiencies and to create a strategy to improve your planning and reporting and management decision-making processes. In short, the book will help you to address the issues shown in Exhibit P.1.
Another objective for this book is to provide a tool for anyone who sees a need to improve their company’s budgeting and reporting processes, not just by buying new software or adding interesting reports, but by addressing the broader underlying organizational process issues. The point is to achieve long-term improvement that will have a significant positive impact on the business.