The Research Of Comprehensive Budget Management Of Group Company Based On Balanced Score Card

Budget management tool by many companies, especially Western companies generally accepted implementation of a comprehensive budget to improve the operational efficiency of enterprises, strengthen risk management and control, optimize resource allocation and improve corporate profits has played a great role. But the traditional budget management is not perfect, it also has some limitations and defects, such as it is not well and overall strategy together, it tends to make the company’s management to ignore strategic planning, but only immediate concern. This greatly reduced the role of budget management, budget management becomes even make the shackles of enterprise development, which defeats the need for the company’s management. I concerned about this issue,to research and improve the traditional management theory budget. I looked at many aspects of information and practical conclusion, this tool can be found to make up the traditional Balanced Scorecard budget management deficiencies, and both can be the perfect combination.This paper uses a case study approach and standardize research methods. The author of six parts to introduce a comprehensive budget based on the Balanced Scorecard management system, first introduced the traditional budgeting system theory and analysis, pointing out the shortcomings of traditional budgeting theory, and then focuses on the overall budget system based on the Balanced Scorecard theory then pointed out that the system’s construction principles and methods, and finally to XM Group, for example, describes the group’s use of the Balanced Scorecard budget system.Based on the Balanced Scorecard is a comprehensive budget management company to complete its strategic planning important management tool for the introduction of the Balanced Scorecard provides a comprehensive budget management of direction for budget management. This paper by introducing the Balanced Score card to improve the traditional enterprise budget management. Based on the XM Group BSC based budget management presentation and analysis, demonstrate a new budget management system, we want to learn from other companies to have meaning, and provide ideas on optimizing budget management, budget management theory of the company do the push and contributions.