Why Most Budgets Fail by March: Investigating The Missing Link Between Finance and Spending

Unplanned hires, new tools and changes to the original budget scope - all understandable and commonplace. But if the budget is seen as a reference document, rather than a collaborative control mechanism, then costs starts to spiral.

The problem is the gap between approval and execution. Finance sets the numbers, procurement tries to enforce them, and business teams operate in their own reality. No visibility, no ownership, and by the time finance sees the damage, it's already done.

In this webinar, Wassia Kamon (CFO at ACE) and Michael Keller (Procurement Director at Vertice) wil breaks down what happens between January and March, and what finance and procurement leaders can do differently. ‍

What you will learn

• Why budgets drift in Q1 and where the biggest gaps are.
• How to build real-time spend visibility and accountability.
• Practical steps to tighten budget control and timelines.
• What "good" looks like when finance and procurement partner on execution.

Who should attend

• CFOs and finance leaders responsible for budget oversight and spend control, especially those dealing with budget drift or lack of visibility once execution begins
• Heads of FP&A and finance business partners who own budget allocation and need to enforce discipline without blocking operational teams
• Senior procurement leaders tasked with executing finance policies on the ground and managing the gap between approved budgets and actual spend requests