How to Calculate Number of Budget Iterations?
Estimating the accuracy and efficiency of budgeting processes can be challenging. But one critical measure for this is how many times a company reworks their budgets during creation cycles--the higher number means more iterations before arriving at an accurate plan that will serve them well financially, too!
A manual process may include more errors than automated ones because it requires human input which might lead to additional negotiations or confusion on behalf of those who work within companies.