Centage

JULY 25, 2023

Consolidating your financial data across several general ledgers quickly becomes complicated when you use spreadsheets. When you begin sharing your Excel spreadsheet across your business, you put your sensitive data at risk for security concerns. Excel is ideal as a single-user tool.

Budgeting 98

Budgeting Financial Planning and Analysis (FP&A) General Ledger Forecasting 98

Embark With Us

JANUARY 19, 2022

Put another way, with Alteryx involved, information from disparate data sources can flow into your chart of accounts or general ledger without the manual heavy-lifting that's traditionally plagued accounting functions. Documentation and Data Audit. Financial Reporting.

Accounting 98

Accounting Finance Data Analysis General Ledger 98

Centage

OCTOBER 3, 2022

Disadvantages of Excel for Financial Forecasting While Excel is not necessarily bad for data analysis or financial forecasting, it may not be the best option available to your business. Limited Visibility To conduct financial data analysis, your business needs to test various hypothetical scenarios.

Forecasting 98

Forecasting Budgeting Data Analysis Financial Modeling 98

Centage

OCTOBER 3, 2022

While Excel is not necessarily bad for data analysis or financial forecasting, it may not be the best option available to your business. To conduct financial data analysis, your business needs to test various hypothetical scenarios. Fraud can be challenging to prevent if there is a lack of an audit trail with Excel.

Forecasting 52

Forecasting Budgeting Data Analysis Financial Modeling 52