Activity Based Budgeting Defined

Activity Based Budgeting is planning and controlling activities and cross functional business processes of an organization.

Activity Based Budgeting Supports Strategy Execution

Activity Based Planning and Activity Based Budgeting support Balanced Scorecard and execution of organization's strategy.

Activity Based Budgeting! Why?

• Supports Perpetual Planning
• Engage everyone in thinking about how they can better create value for organization
• Link planning and activity based budgeting
• Budget activities and cross-functional business processes to strategy and corporate goals
• Identify waste and non-value in budget and create action plans to eliminate it
• Forecast workloads to create activity based budget
• Charge out service departments (MIS, H/R, accounting) to operating departments
• Incorporate financial and non-financial alternatives into the budgeting process
• Move people out of spreadsheet budgeting where they simply increase last year's numbers
• Develop a flexible budget based on activity work load

Contact John Antos at 972.980.7407 to discuss how Activity Based Planning and Activity Based Budgeting can help you achieve your goals.