How to avoid painful budgeting mistakes

A dentist's light and tools

Those who have been through the process of creating financial forecasts and drafting budgets know that assembling the necessary information can sometimes feel like pulling teeth.

At times, this is partly due to companies using outdated methods and technologies to keep track of finances.

But the modern solution is not out of reach.

Local professional services firm, Corporate Renaissance Group, recently published a white paper tailored for CFOs and their teams titled Like Pulling Teeth: 7 Painful & Costly Budgeting Process Mistakes Companies are Making.

The 12-page document identifies the most common business budgeting mistakes today’s finance professionals are making and offers actionable steps they can take to avoid them.

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