THE INFLUENCE OF BUDGETING SOFTWARE ON FINANCIAL PLANNING
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 5000
THE INFLUENCE OF BUDGETING SOFTWARE ON FINANCIAL PLANNING
The objectives of this research are to: (1) analyze the impact of budgeting software on financial planning, (2) identify the key benefits of using budgeting software, and (3) evaluate the challenges associated with adopting budgeting software. A survey design was chosen to gather data from financial managers and IT specialists. Using Taro Yamane's formula, a sample size of 376 participants from corporate organizations in Uyo was determined, ensuring comprehensive insights. The corporate sector was chosen for its structured financial planning processes and potential for software adoption. The reliability coefficient score of the survey was 0.87. Findings indicate that budgeting software significantly enhances financial planning by providing accurate financial projections, improving efficiency, and facilitating real-time adjustments. Recommendations include investing in advanced budgeting software, providing training on the use of budgeting tools, and continuously monitoring and updating software to ensure alignment with financial planning needs.
Related Project Materials
An assessment of the integration of digital citizenship education in online learning curricula in Bauchi Central LGA, Bauchi State
Background of the study
The integration of digital citizenship education into online learning curricula has emerged as a c...
An Evaluation of Supply Chain Strategies on Cost Efficiency: A Study of Agricultural Firms in Bauchi State
Background of the Study
The agricultural sector is an essential part of Nigeria’s economy, and efficient supply chain...
The Effect of Maternal Health Programs on Family Economic Stability in Fufore Local Government Area, Adamawa State
Background of the Study
Maternal health programs are crucial for reducing maternal mortality rates, imp...
Implementation of an IoT-Based Smart Notice Board System for University Communications in Sokoto North LGA, Sokoto State
Background of the Study :
Effective communication is essential for the smooth operation of university campuses. Traditional...
THE RELEVANCE OF AFRICA TRADITIONAL RELIGION IN THIS MODERN AGE: SCHOLARS PERSPECTIVES
ABSTRACT
This study was carried out to examine the relevance of Africa traditional religion in this mod...
Design of a Quantum Secure File Sharing System for Research Data at University of Abuja, FCT
Background of the Study
The sharing of research data is an essential part of academic collaboration and the advancement of...
Assessing the Role of Historical Economic Crises in Shaping Nigeria’s Fiscal Policies
Background of the Study (400 words)
Nigeria has experienced a series of economic crises over the past decades, including oi...
Assessment of Compliance with IFRS in Small and Medium Enterprises (SMEs) in Nigeria
Background of the Study
Small and Medium Enterprises (SMEs) are the backbone of many economies, including Nigeria. They...
An evaluation of customer service automation in corporate banking: A case study of Guaranty Trust Bank, Abuja
Background of the Study
Customer service automation, through the use of chatbots, virtual assistants, and AI-driven support...
Analysis of the Impact of Digital Motion Graphics in Enhancing Social Media Engagement in Abuja, FCT
Background of the Study
Digital motion graphics have become a powerful tool in modern communication, particularly on socia...
