Some of the weaknesses of contemporary computerised financial planning systems and
procedures encouraged by batch-processing environments are described. The failure
of many levels of corporate management actively to participate in financial planning
or to rely on budgets for operating decisions or as a tool for performance evaluation
is due to planning processes that force reliance on accounting and information systems
personnel rather than depend on the efforts of operating management. A revolutionary
new approach to computerised financial planning currently under way at Adolph Coors
Company, Golden, Colorado, USA, is discussed.