Thinking Small: How to Make Budgets Work in the Face of Uncertainty
As companies adapt to an increasingly unpredictable business environment, one thing is certain: The present and the future of work are undoubtedly digital. This reality presents both challenges and opportunities for organizations ready to adapt. Whether empowering hybrid workers to communicate and collaborate from anywhere in the world or managing spending across novel budget categories, businesses will need to be agile and forward-thinking, which requires the right investments to be successful.
Unfortunately, strategic budget development often falls flat, failing to meet the moment or forecast future challenges. As the Harvard Business Review writes, “They start five or six months early with promises of visionary transformations that quickly give way to tedious templates, endless financial forecasts, haggling over targets, and battling for resources.
Read more at HR Daily Advisor:
In the meantime, learn more about DATABASICS and how we help organizations like yours better manage their expense reporting and time tracking challenges:
For more information on the DATABASICS Time & Expense solutions, contact us, or call (800) 599-0434.
DATABASICS is driven to meet the most demanding time and expense management challenges through a combination of deep expertise, next-gen technology, and a focus on the unique needs of each customer. Powered by decades of experience, our team delivers world-class time and expense management solutions that are the right choice for today and easily adapt to the uncertainties of tomorrow.
Connect with DATABASICS: LinkedIn, Twitter, and YouTube. DATABASICS is headquartered in Reston, VA.
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