The natural evolution of a budgeting process will never be optimal for the business. All budgeting processes develop over time, with new routines and methods introduced as business needs dictate. Because such changes are usually random, the evolving budget process tends to become less efficient with each modification. ADI Strategies helps companies address this issue by re-engineering and optimizing their budgeting processes.

Budget process re-engineering can take a variety of forms: reduction of redundancies throughout the process; creating new, more streamlined procedures; expediting or automating existing processes. Examples of process modifications might include:

• Bringing in certain data from operations instead of finance

• Modifying feedback loops by involving more users

• Changing the scheduling of certain processes

• Increasing or decreasing workload at key times during closing cycles

In any event, the result is a budgeting process that is optimized in terms of speed, efficiency and content.