Remove Auditing Remove Financial Data Remove Financial Modeling Remove General Ledger
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5 Accounting Challenges Startups Face and How to Help Them Thrive

The CFO College

If they have to rely on capital raising, it’s hard for companies to attract private or institutional investors in competitive markets without a great accountant and strong financial model. The deck includes: Bullet-proof financial model. Management team that shows prior proven success. And much more.

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Why Businesses Are Choosing Other Options Over Excel Spreadsheets for Financial Forecasting

Centage

Limited Visibility To conduct financial data analysis, your business needs to test various hypothetical scenarios. The process of generating what-if scenarios and financial models or incorporating several variables at once could be time-consuming. A single miscalculation could lead to significant monetary loss.

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Why Businesses Are Choosing Other Options Over Excel Spreadsheets for Financial Forecasting

Centage

To conduct financial data analysis, your business needs to test various hypothetical scenarios. The process of generating what-if scenarios and financial models or incorporating several variables at once could be time-consuming. Fraud can be challenging to prevent if there is a lack of an audit trail with Excel.