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

Centage

The process of generating what-if scenarios and financial models or incorporating several variables at once could be time-consuming. The multi-dimensional model could also be challenging to envision, which may lead to errors and oversights. Since Excel has a two-dimensional framework, it can limit your visibility.

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

Centage

The process of generating what-if scenarios and financial models or incorporating several variables at once could be time-consuming. The multi-dimensional model could also be challenging to envision, which may lead to errors and oversights. Regularly modify and monitor your financial plan.

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10 Best FP&A Software Tools: A Comprehensive Buyer’s Guide [2023]

Onplan

OnPlan is a financial modeling and forecasting tool built by financial planners and analysts. Adaptive is one option companies use for modeling, budgeting, forecasting, and financial reporting. With self-service financial reporting, individuals can personalize and share reports as required.