How to deliver an effective budgeting process in SMEs

Why budgeting?

Collecting cost drivers

Building the base and the building blocks

Alignment between budgeting and annual business plan

The involvement and responsibilities of the function heads of the company

Top-down and bottom up budget

Usual timelines and and adjustments with the year ending

The leadership role of the business controller

Budgeting review or rolling forecasts

Controlling process

The automation of the budgeting process