One hundred and twenty five senior finance executives participated in a study titled, The State of Capital Planning, conducted by Appleseed Partners and Financial Executives Research Foundation (FERF), and sponsored by Planview. The results are in and will be featured in as webcast this month on January 24, 2012 at 12PM CST.
The study reveals that global enterprises rely on out-of-date technology and manual processes for capital planning, preventing them from fully maximizing their return on capital (ROC).
Here is a sneak peek into some of the key statistics found in the study.
- 49% indicated the manual nature of planning and spreadsheet complexity is the top planning pain point
- 48% reported the top planning risk is inability to track affordability and ROI
- 80% responded that they use manual to highly manual approaches for planning
- 25% responded that the frequency of planning is ongoing and 51% said it is done quarterly
Join guests Bill Sinnett from FERF, Maureen Carlson from Appleseed Partners, and Madison Laird, Planview Executive-in-Residence, as they discuss the findings of The Capital Planning Study and offer ways to improve the capital planning process. Register for the State of Capital Planning Webcast today.
Stay tuned to Portfolio Perspectives as we continue to follow the results of this benchmark study and provide educational insight into long-range planning.