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Why Financial Forecasting Is More Important Than Your Annual Budget

Centage

If your board asked you to run new numbers based on fresh assumptions, it took you days or weeks to create a new set of reports. But times have changed – which is why financial forecasting is more important than your annual budget. You used your budget as a measuring stick to gauge performance against assumptions made months ago.

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How Excel Spreadsheets Can Create a Data Security Risk for Businesses

Centage

As a business owner or chief financial officer (CFO), spreadsheets may be an important part of your financial forecasting, planning, and budgeting processes. Excel does not have audit trail capabilities, so it is difficult to prevent fraud as numbers, and other financial data can easily be changed by any user.

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How Excel Spreadsheets Can Create a Data Security Risk for Businesses

Centage

As a business owner or chief financial officer (CFO), spreadsheets may be an important part of your financial forecasting, planning, and budgeting processes. Excel does not have audit trail capabilities, so it is difficult to prevent fraud as numbers, and other financial data can easily be changed by any user.