Research On Performance Evaluation Of Comprehensive Budget Management Based On Balanced Scorecard

As the scale of the company continues to expand,it is the common goal of every enterprise manager with ideals and ambitions to “bigger and stronger”.However,if you want to have a long-term place in the fierce market competition in today's society,the fundamental measure is to improve the management level of the enterprise.As the important part of the internal management of the enterprise,Performance management and comprehensive budget management have gradually begun to receive the attention of enterprise managers.Due to the sharp increase in prices of raw materials,freight and fixed assets in the steel industry and the increase in steel companies,the competition is too much pressure.Fine management is an effective way to help steel companies transform and increase their profits,and comprehensive budget management is one of the effective tools for steel companies to achieve extensive management and refined management.The implementation of comprehensive budget management in many enterprises is only in name only and cannot achieve the original purpose of implementation.On this basis,this paper designs a comprehensive performance evaluation system for budget management to monitor the overall budget management of enterprises.Company D is a large-scale steel company.Although it implements comprehensive budget management and performance evaluation in its daily operations,it does not have a systematic and comprehensive performance evaluation of comprehensive budget management.This is also the lack of management of many steel companies.In part,this article selects a representative D company as the case company of this article.This paper uses the Balanced Scorecard to add non-financial indicators to the overall budget management to make up for the lack of comprehensive budget management non-financial indicators,and select the indicators of the four dimensions of financial dimension,customer dimension,internal operation dimension,and learning and growth dimension through the analytic hierarchy process.And fuzzy comprehensive evaluation method to evaluate the current stage of the company's long-term goals and the daily management of the company.At the same time,the customer dimension,internal operation dimension and evaluation index of learning and growth dimensions are non-financial indicators.This paper adds financial indicators to enrich the performance evaluation system.The financial indicators and non-financial indicators complement each other,which can reflect the enterprise more clearly.The results of performance evaluation of comprehensive budget management,and more intuitively see the problems in the overall budget management of enterprises to improve.Finally,this paper proposes the safeguard measures for implementing the comprehensive budget management performance evaluation system,hoping to provide a reference for the design of the overall budget management performance evaluation system of other companies in the industry.