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Why Excel Spreadsheets Are Not Meant for Business Budgeting

Centage

Businesses across numerous industries use Microsoft Excel spreadsheets to accomplish a wide range of tasks, including bookkeeping, accounting, and project management. For many business owners, automated software outperforms conventional Excel spreadsheets for several accounting tasks, especially for emerging and growing businesses.

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Two CFO-Level Accounting Tools to Add Value to Your Accounting Services

The CFO College

Increase Your Value and Boost Your Services with Two CFO-Level Accounting Tools. Yes, automations can crunch numbers, but there is so much more to providing accounting services than calculations. Thankfully, bookkeeping is far from irrelevant -- you just need to learn to adapt as the industry changes.

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Roadmap to Starting a Business

CFO Simplified

You might start with one single item, but knowing where you might be two or five years from now will be helpful in developing your strategic plan. Open a bank account If you are going to start a company, it’s vital you segregate your personal expenses and assets from your company’s expenses and assets. Plan it month by month.

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50 Shades of FP&A Maturity

Fpanda Club

This article describes the FP&A maturity assessment model focused on major tasks of the function (strategic planning and budgeting, forecasting, analytics, management reporting, performance management and decision support) and built around 3 key areas – processes, tools/systems and people.

Budgeting 130
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Strategic Budgeting and Forecasting: Five Questions to Consider

Centage

Users can define the formulas and flow as they please, which means they can inadvertently violate your business logic and/or established accounting standards. A modern FP&A solution with pre-programmed business logic and accounting rules prevents users from making such mistakes. How can we plan for an uncertain economy?

Budgeting 111
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10 KPIs to Track Business Performance

The Finance Weekly

They are widely used in , strategic planning and reporting to guide investment decisions. Accounts Receivable Turnover Ratio Your accounts receivable turnover ratio indicates how efficiently you collect cash from credit sales. These objectives may include things like total revenue, profit, or the ratio of debt to equity.

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Strategic budgeting and forecasting: Five questions to consider

Centage

Users can define the formulas and flow as they please, which means they can inadvertently violate your business logic and/or established accounting standards. FP&A software with pre-programmed business logic and accounting rules prevents users from making such mistakes. How can we plan for an uncertain economy?