Sage Budget Software: Budget Planning in 2015: Podcast

Sage Budget Software Blog: Learn to Love Budget Planning in 2015

If you are like most companies, you're having important discussions about budget planning this time of year. If you dread this process, you are not alone. Regardless of what role you play in the budget process, most people hate the budgeting process. There are many levels of frustration from filling out mystifying templates, to data-entry frustration, to feeling frustrated because they can’t request the money they need.  As Sage budget software consultants we know there's a better way.  We hope this article and podcast help you to learn how to take steps to banish the budget dread in your business.

If you are frustrated with the budget planning process, perhaps this year is a good time for a change. There are ways to make your budgeting process a less painful process for everyone in your company. More importantly, there are ways to make the budget process more efficient. In this blog, we will take a look at why most people hate budgeting and makes recommendations about how you can plan for better budgeting in 2015.

SWK Tech’s newest podcast helps you improve your budgeting process.  LISTEN HERE

Why Your Employees Hate Budget Planning

Most people in your company absolutely despise budgeting. Here’s why:

• Budgeting templates are geared toward accountants’ needs—not the needs of your other employees
• No one quite knows what they should plan for, or what a reasonable budgeting increase is.
• Employees feel like they have no support system around budgeting.
• Using Excel can lead to a lot of time consuming and frustrating data-entry errors.
• Budgeting takes forever, but your employees are still responsible for all their other tasks.

Isn’t it time for a change?

How Budgeting Software like Sage Budget Software Helps

With dedicated budgeting software, like Sage budget software that integrates to your Sage software, your employees will finally feel like they have budgeting options. Good software will offer a range of templates, with formats and fields built around the needs of many different roles in your company, not just the needs of your accountants. This software will also encourage budgeting collaboration, so that your employees can budget with a support network while adding their valuable insight into your company’s budgeting process.

Not only does budgeting software reduce the “fear factor” that spreadsheets bring, its tailored templates and increased support will also raise your employees’ budgeting confidence. This results in a quickly generated, more accurate budget for your company.

How to Make the Switch to Better Budgeting with Sage Budget Software

To make the switch to better budgeting methods, experts such as Alan Whitehouse of TrueSky, recommend that you roll out your redesigned budgeting process in one of two ways: either as a fast, all-in-one switch, “like ripping off a Band-Aid,” or as a slower, drop-by-drop process that gradually improves the process with small, manageable steps. Of these, there is no one method that will work for every company, but once you pick an approach you should stick with it.

When planning which approach you should take, the best idea is to consider if your employees have recently dealt with a lot of upheaval in the company or in their personal lives. If they have, a slow, measured approach is usually the smartest course of action. If your company and your employees’ lives have been relatively stable for some time, you can plan for the “Band-Aid” approach.

Why waste extra time budgeting—when you could be growing your company?

Contact SWK Tech using the button below to learn more about how dedicated Sage budget software can help you.

If you have questions about how an improved ERP system can help your business, SWK Technologies will help you evaluate your options. CONTACT US ONLINE or by phone at (877) 979-5462. Since 1989, we’ve specialized in helping customers like you find the right business tech solutions to increase your company’s growth and productivity.

SWK is a business application and consulting company providing strategies and solutions to meet our clients’ information and business management needs. As a Sage Software Authorized Business Partner, Sage Certified Gold Development Partner, Sage Certified Sage ERP X3 Partner, and Sage Authorized Training Center, we offer best-of-breed solutions for accounting and business management, financial reporting, ERP, CRM, job costing, EDI, and warehouse management.

Over the past 27 years, SWK Technologies has been consistently rated as a top leader in software sales and consulting. To our customers, we’re more than a reseller: We’re their trusted advisor. Learn about the SWK Tech difference at www.swktech.com.

Another version of this blog was posted on SWK’s Blog on December 17, 2014  - Best Steps Banishing Budget Dread Podcast