Test: Is a budget tool worth it for your business? Complete the test and get your answerAnswer 10 simple questions and find out if it is worth it for your business to invest in a dedicated budget solution. Begin the test by clicking "next". Are you a robot? Please verify that you are not a robot by typing the characters you see above. What is the size of your business? (Number of employees) 0 -10 10 - 25 25 - 50 50 - 250 +250 None Who participates in your budgeting process (Choose one or more) Management Head of Department Employees from the finance function Employees from sales department Other Which budget models do you use? (Choose one or more) Finance budget Sales budget Investments budget Cash flow budget Balance sheet budget Salary budget Others We are not budgeting Estimate how many hours your business is using on budgeting yearly? How often are you budgeting or revising your budgets? Yearly Every six months Every quarter Monthly Other None Do you consolidate budgets manually? Yes No None Do you continuously follow up on budgets during the year? Yes No None Difficulties related to budgeting Which difficulties do you recognise from your budget process? (Choose one or more) It is difficult to budget at the desired level of details Our budget prerequisites are error-prone Our budget process depends on a few colleagues, who know the spreadsheets We find it difficult to decentralise tasks regarding budget entry We spend too much time on budgeting We don't recognise any of the difficulties mentioned above. Extended budgeting Do you plan to extend traditional budgeting with forecasting, scenario planning etc? Yes No I don't know We already do None Consent In order to send you the result of your test, we need to save and handle your data. You can always ask us for insight into which data we store about you, just as you at any time can request to have your data deleted. Read more in our privacy policy. I give InfoSuite permission to store and handle my data None 1 out of 11 Name Business Name Email Phone Number Time's up By Sine Mølgaard|2023-07-19T13:31:10+02:0019. May 2021|Comments Off on Test: Is a budget tool worth it for your business? Share This Story, Choose Your Platform! FacebookXRedditLinkedInWhatsAppTumblrPinterestVkXingEmail About the Author: Sine Mølgaard
