Did you watch the NBA Finals this year?

I did. In fact, I watched every single game. I mean, they were all just too exciting to miss – Steph Curry hit so many three point shots, you’d think that was the only thing he ever practiced! And it’s crazy that the Cavaliers got as far as they did without a couple of their key players.

But NBA basketball isn’t all about scoring and making amazing plays – the players face challenges on the court every day, just like you face challenges at work when it comes to budgeting.

Take a look at these common challenges that apply to both you and NBA players, and learn what steps you can take to overcome them with budgeting software:

Lack of Visibility/Communication

Carefully watch any NBA team that plays like a well-oiled machine, and you’ll notice that they seem to have a sixth sense that lets them know exactly where to throw the ball next. Seriously – it’s crazy how skilled they are. And yes, their hours of practice contribute to this, but the main contributing factor is good communication. They know how to run a play, stay visible, and send the right signals to each other so they can score.

You need visibility and communication when it comes to your budget too! Otherwise, you’ll likely end up frustrated and spend way too much time going back and forth between different reviewers. Budgeting software like True Sky helps with this because it allows you to leave comments and attachments in Excel. That way, all reviewers don’t simply see numbers – they also see the thought processes behind those numbers.

Lack of Control

If an NBA basketball player can’t control the ball, it’s probably going to get stolen by the other team, giving them a quick opportunity to score. Ouch – that makes the player look pretty bad.

And if you don’t have control of your budgeting, you can’t work quickly and accurately. True Sky budgeting solution can help with that because it offers special features like template creation that allow you to create a custom experience based on your specific business needs! Pretty cool, right?

Wasted Time and Inaccuracy

Ever see an NBA game where a team wastes an entire quarter playing poorly and can’t catch up with the other team as a result? It happens a lot. Know what else happens a lot? Inaccurate shooting. Some players are so bad at free throws that the other team will send them to the line intentionally! That really hurts the team overall.

Let’s face it – budgeting can be both inaccurate and a huge time-waster too if you aren’t equipped with the right tools to handle it quickly. With a budgeting solution like True Sky, you can save time because it deploys easily – your employees already know how to use Excel, so they can simply use their existing knowledge instead of spending countless hours training on new software.

True Sky helps with accuracy too because it promotes a shift to rolling forecasts, allowing you to get the most accurate and up-to-date data so you can make good business decisions.

…So, will your budgeting be a slam dunk this year? Or will you sit on the sidelines in frustration?

If you’re not sure, feel free to contact us today – we’d love to talk to you about how budgeting software can help you address the challenges you’re facing!