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Today’s Business Budgeting; Can Your Spreadsheet Software Keep Up

Centage

Accounting has evolved quite a bit since the early days of double-entry systems and general ledgers. Today’s business budgeting and financial planning solutions must provide business insight in real time and let budget owners and planners collaborate with confidence in numbers. Change is here. Risk is real.

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Why Excel Spreadsheets Are Not Meant for Business Budgeting

Centage

Consolidating your financial data across several general ledgers quickly becomes complicated when you use spreadsheets. If the recipient views the files, they cannot manipulate the data. When you begin sharing your Excel spreadsheet across your business, you put your sensitive data at risk for security concerns.

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Strategic Budgeting and Forecasting: Five Questions to Consider

Centage

Confidence – Am I confident in the numbers coming out of the model? With Planning Maestro , Centage offers the sophisticated features needed by small and mid-market organizations to integrate budgeting , forecasting , and deep data analysis within one easy-to-use, scalable SaaS solution.

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

Centage

Excel is an easy-to-use platform for inputting numbers and getting results with simple formulas. 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.

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Alteryx for Accounting: The Future of the Finance Organization

Embark With Us

In fact, we probably buried the lede on this one since, if we're to distill Alteryx into a single catchy tagline, it would be something like "unlock the power of your data. To borrow a metaphor from The Economist , that data, genuine BI, is "the oil of the digital era." Financial Reporting.

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

Centage

Excel is an easy-to-use platform for inputting numbers and getting results with simple formulas. 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.