Centage

SEPTEMBER 14, 2021

Accounting has evolved quite a bit since the early days of double-entry systems and general ledgers. It replaces static spreadsheets with a cloud-based financial tool that gives role-based access to data in real time. Siloed financial data can lead to false assumptions because insight isn’t based on a complete picture.

Budgeting 96

Budgeting General Ledger Data Analysis Financial Data 96

Future CFO

AUGUST 1, 2023

Companies are increasingly seeking secure and compliant solutions to manage their financial data. This trend is driven by the need for real-time data analysis and insights to make informed business decisions.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

Centage

OCTOBER 3, 2022

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. Limited Visibility To conduct financial data analysis, your business needs to test various hypothetical scenarios.

Forecasting 98

Forecasting Budgeting Data Analysis Financial Modeling 98

Centage

JULY 25, 2023

Consolidating your financial data across several general ledgers quickly becomes complicated when you use spreadsheets. The lack of controls and security lead to spreadsheet vulnerability. If a data file is too big, for example, Excel may run slowly. Excel is ideal as a single-user tool.

Budgeting 98

Budgeting Financial Planning and Analysis (FP&A) General Ledger Forecasting 98

Centage

OCTOBER 3, 2022

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. Data Security Vulnerabilities. Limited Visibility. Identify relevant trends.

Forecasting 52

Forecasting Budgeting Data Analysis Financial Modeling 52