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Budgeting often plays out as a contest instead of collaboration. Line managers are asked to submit budgets that are then returned after being dramatically changed to fit the executive team's view of the business. In the end, managers don't take ownership and don't feel accountable.
This disconnect is aggravated by the cumbersome spreadsheet-based process used in many businesses. Spreadsheets are not well suited to the complex allocation of expenses across work groups, are prone to formula and macro errors, and are difficult to consolidate.
Budget Maestro budgeting and planning software creates a collaborative budget environment where managers can easily provide detailed projections including detailed notes without suffering any of the frustrations and failures of spreadsheets. With more complete input and fewer errors, accountability returns to the process.