EOFY budgeting season places significant pressure on finance leaders and department managers alike.

• CFOs are expected to deliver strategic, board-level clarity while managing a process that is often slow, fragmented, and prone to rework.
• Multiple versions of the same budget circulate simultaneously. Inputs arrive late or incomplete.
• 90% of spreadsheets over 150 rows contain at least one significant mistake.
• Assumptions shift without notice. In many cases, entire budgets are rebuilt mid-process to accommodate operational changes or leadership requests.
• For department heads, budgeting is equally demanding. They are asked to make year-ahead commitments with limited collaboration.
• 94% of business spreadsheets contain critical errors, highlighting the significant risks associated with relying on spreadsheets for planning and budgeting.
• It becomes a compliance exercise, rather than a meaningful planning process.
• The most common problems with spreadsheets by email for budgeting include:
  – data integrity,
  – version control, – hidden calculations or cells,
  – output errors,
  – long process cycle times,
  – incomplete information and
  – internal/security issues.

This level of pressure impacts decision quality across the organisation. Time is lost. Confidence in the numbers is low. While the entire process, instead of supporting the business, becomes a distraction from it.

CFOs, finance managers, and department heads involved in budgeting, forecasting, and operational planning.

A clearer view of what’s possible when the budgeting process is structured for change, collaboration, and leadership — not just compliance.

Join us for a live demonstration and walk away with practical insights to improve this year’s EOFY planning cycle.

See NetSuite Planning and Budgeting in Action

Finance teams are under pressure to build budgets that hold up to change — but disconnected files and late inputs keep slowing them down. This webinar shows how NetSuite users are using Planning & Budgeting to take control, cut the noise, and deliver faster, clearer decisions.