Artikel
Digitization of the budgeting process: determinants of the use of business analytics and its effect on satisfaction with the budgeting process
Since the use of business analytics promises automation of business processes and time savings, the budgeting process seems predestined for the integration of analytical methods. Therefore, this study examines the determinants of the use of business analytics in the budgeting process and its effect on satisfaction with the budgeting process. Specifically, we focus on one technical determinant (data infrastructure sophistication) and the importance of the two major budgeting functions (the planning and the evaluation function), which could affect the degree of dissemination of using analytical methods. Based on a survey among German companies, we find, as predicted, that the sophistication of the data infrastructure is positively associated with the use of business analytics in the budgeting process. Further, the more a company emphasizes the planning function, the greater the extent to which business analytics is used in the budgeting process. In contrast, we find no association between the evaluation function and the use of business analytics in the budgeting process. Finally, we find that the use of business analytics is positively associated with satisfaction with the budgeting process. Thus, the use of business analytics can help to overcome dissatisfaction with traditional budgeting systems. Overall, our findings provide practitioners with valuable indications under which circumstances the use of analytical methods appears reasonable.
- Language
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Englisch
- Bibliographic citation
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Journal: Journal of Management Control ; ISSN: 2191-477X ; Volume: 31 ; Year: 2020 ; Issue: 1-2 ; Pages: 25-54 ; Berlin, Heidelberg: Springer
- Classification
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Wirtschaft
IT Management
Accounting
- Subject
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Analytics
Budgeting
Business intelligence
Digitization
Forecasts
Planning
- Event
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Geistige Schöpfung
- (who)
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Bergmann, Mareike
Brück, Christian
Knauer, Thorsten
Schwering, Anja
- Event
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Veröffentlichung
- (who)
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Springer
- (where)
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Berlin, Heidelberg
- (when)
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2020
- DOI
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doi:10.1007/s00187-019-00291-y
- Last update
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10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Bergmann, Mareike
- Brück, Christian
- Knauer, Thorsten
- Schwering, Anja
- Springer
Time of origin
- 2020
Other Objects (12)
Digitization of the budgeting process: determinants of the use of business analytics and its effect on satisfaction with the budgeting process
Digitization of the budgeting process : determinants of the use of business analytics and its effect on satisfaction with the budgeting process
Assessment of the bottom-up budgeting process for FY 2016
Assessment of the Bottom-up Budgeting Process for FY 2015
The role of budgeting functions in explaining budgeting practices
Interdependence, participation, and coordination in the budgeting process
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Camarines Sur assessment of the bottom-up budgeting process for FY 2016
Executive-Legislative Relations in the Budgeting Process in the Czech Republic
Executive-Legislative Relations in the Budgeting Process in the Czech Republic
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Digitization of the budgeting process: determinants of the use of business analytics and its effect on satisfaction with the budgeting process
Digitization of the budgeting process : determinants of the use of business analytics and its effect on satisfaction with the budgeting process
Assessment of the bottom-up budgeting process for FY 2016
Assessment of the Bottom-up Budgeting Process for FY 2015
The role of budgeting functions in explaining budgeting practices
Interdependence, participation, and coordination in the budgeting process
Interdependence, participation, and coordination in the budgeting process
Grassroots Participatory Budgeting Process in Negros Province
Camarines Sur assessment of the bottom-up budgeting process for FY 2016
Executive-Legislative Relations in the Budgeting Process in the Czech Republic
Executive-Legislative Relations in the Budgeting Process in the Czech Republic
The democratic contribution of participatory budgeting
Digitization of the budgeting process: determinants of the use of business analytics and its effect on satisfaction with the budgeting process
Digitization of the budgeting process : determinants of the use of business analytics and its effect on satisfaction with the budgeting process
Assessment of the bottom-up budgeting process for FY 2016
Assessment of the Bottom-up Budgeting Process for FY 2015
The role of budgeting functions in explaining budgeting practices
Interdependence, participation, and coordination in the budgeting process
Interdependence, participation, and coordination in the budgeting process
Grassroots Participatory Budgeting Process in Negros Province
Camarines Sur assessment of the bottom-up budgeting process for FY 2016
Executive-Legislative Relations in the Budgeting Process in the Czech Republic
Executive-Legislative Relations in the Budgeting Process in the Czech Republic