The Research With Problems On Comprehensive Budget Management In Sany Group

With rapid expansion of enterprise scale and increasingly intensive competition of market place, the total budget management has involved from a single tool for cost control and financial planning into a comprehensive management mechanism for business operation, as well as an effective tool to ensure the enterprise strategic objectives to be successfully achieved. By implementing the Comprehensive budget management, the enterprise is able to effectively integrate enterprise resources, reduce cost and expenses, and cultivate the core competence. However, it is a vital issue to be settled urgently as to precisely understand the Comprehensive budget management, and to construct a well-fitted and realistic Comprehensive budget management system for the enterprise.This article presents a strategic management perspective, based on the Comprehensive budget management's theory, demonstrates the Comprehensive budget management on the practical meaning of enterprise development. Combined with the current budget, we find that, Sany Group's comprehensive budget management needs to be improved, the defect of Management model, too much game theory in establishment, changing processes, loosely control, insufficient analyse and estimated shortage of existence cannot satisfy the 100 billion in sales of the company to realize development goals. Address these issues, this article feasible solution: adjust the budget management model, based on corporate strategy establish the comprehensive budget management system. Specific measures include optimizing the budget process, an estimated indicators for scientific orientation in order to reduce the negative effects of budget game; improve the budget control, multicultural budget monitoring body, strengthening key links of budget control; improve the implementation of the budget assessment system, establish a reasonable budget to strengthen the incentive scheme; train the budget management, enhance budget management tool. The major innovation of the article lies in the combination of realistic situation of Sany with latest advanced concepts of total budget management, and improving the total budget management system, enhance the effectiveness of the budget management. This article will also get the value for other companies on comprehensive budget management .