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

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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

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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.

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Strategic Budgeting and Forecasting: Five Questions to Consider

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Confidence – Am I confident in the numbers coming out of the model? Through the adoption and use of technology and digital tools, organizations are experiencing better and more accurate forecasting, decision making and planning. How valuable is my budget for managing the business next year? How can we plan for an uncertain economy?

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