FP&A Today Episode 19: Budgeting and Forecasting: All your Questions Answered

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In this special LinkedIn Live/ FP&A Today, join Paul Barnhurst and our all-star panel to answer your questions for budget season based on their decades of experience.
1) The best piece of advice you give - or have been given for a successful budget process over your career?
2) Top Down or Bottoms Up Budgeting?
3) Should we move beyond budgeting?
4) The role AI can play in budgeting?
5) What do you do when leadership comes up with unrealistic numbers?
6) How do you incorporate and manage your finance tech stack during the budget process?
7) What does the budget process in a startup look like?
8)What impact did COVID have on budgeting?
Listen to the expert advice of guests:
Michelle Govindsamy, FP&A Expert (former Barclays and Hollard Insurance)
Aaron Sallade, CFO, BiggerPockets
Zachary Rial, Director FP&A, Peek
Annette DeYoung, FP&A Solutions Consultant, Datarails
FP&A Today is brought to you by Datarails.
Datarails is the financial planning and analysis platform that automates data consolidation, reporting and planning, while enabling finance teams to continue using their own Excel spreadsheets and financial models.
With Datarails you get improved data integrity and visibility helping your relationships with your internal business partners and external stakeholders; real-time latest version of all your company’s data in one place, with version control, audit trail and records, ensuring errors and multiple versions are avoided; the ability to let your data tell your story through proprietary, built-in visualization of critical KPIs in real-down; and drill-downs to answer questions on underlying data on the spot.
Get in touch at www.datarails.com
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Read the Full Program Transcript
Watch the Full Episode on KZbin
To suggest a great guest for the show, or if you would like to be the FP&A Leader being interviewed contact [e-mail]

[@chiazamscorner6490]

Having two budgets as a company can be professional and strategic, depending on the specific circumstances and objectives of the organisation. It allows for more nuanced financial planning, better alignment with strategic goals, and improved management of departmental or operational complexities. However, it's important for companies to ensure consistency, transparency, and alignment between multiple budgets to avoid confusion and maintain accountability.

[@kryba4747]

Thank you very much for this information.

[@narinderkumar9375]

Budget preparation even if signed , in case of negative variance & reporting has always created a blaming others environment & hostile towards finance deptt. I have experienced in my 30 years exp. Hope will agree asking heart. Otherwise enjoyed your discussion. Tnx all.