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The Role of Top-Down vs. Bottom-Up Business Budgeting in Modern FP&A

Centage

With a top-down approach, senior leadership sets the financial constraints, and departments create their budgets accordingly. Business budgeting is a crucial factor with the ability to impact a business’ long-term success or failure. So, employees can focus on doing their jobs. Of course, top-down budgeting does have its drawbacks.

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5 Excel-heavy Pain Points still Dragging down finance teams in 2024

The Finance Weekly

All involving Excel data manipulation. All involving Excel data manipulation. They have a five person accounting team who spend an unwieldy amount of time dumping data from NetSuite into Excel. One workaround found in cumbersome financial reporting processes includes using old legacy Excel-based financial models.

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Quickbooks Integrations for Better Connectivity and Reporting

The Finance Weekly

Also, the subscription service comes with cool features such as follows: Keeping tabs on inventory Sorting out your books Sending out invoices smoothly Managing payroll Dishing out financial reports Linking up with other apps for a seamless workflow Plus, you can share access with different permissions for your team.