Planful

NOVEMBER 10, 2016

Data Integration Requirements in EPM Processes and Software. One of the most critical requirements of an EPM platform is the ability to integrate financial and non-financial data from multiple sources. An EPM platform needs to support the integration of a wide variety of data sources and types: Trial balance summaries.

General Ledger 40

General Ledger Budgeting Forecasting Financial Data 40

Centage

JULY 25, 2023

Otherwise, you risk sharing incorrect financial data. This is because Excel is easy to use and personal finances often require simple formulas and data entry. To successfully budget, you need access to each data source and up-to-date data. You can also review your results with and without adjustments.

Budgeting 98

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

Centage

JANUARY 18, 2022

Freed from the shackles of a siloed, legacy tool like Excel and managed instead within strategic FP&A solutions, budgets become living, evolving documents that finance teams can use as an in-house planning tool, updating monthly, quarterly or on an ad-hoc basis. Finance at the Speed of Business. Who should be involved?

Budgeting 111

Budgeting Forecasting Financial Planning and Analysis (FP&A) General Ledger 111

Centage

SEPTEMBER 14, 2021

With the fast pace of business change, CFOs need accurate financial information to make informed decisions on the fly. Accounting has evolved quite a bit since the early days of double-entry systems and general ledgers. Compounded over many rows, even a simple mistake can lead to faulty financial data.

Budgeting 96

Budgeting General Ledger Data Analysis Financial Data 96

PYMNTS

JANUARY 26, 2018

Corporate accounting software is now a continually evolving space, but progress doesn’t occur in a vacuum: External forces and trends, from changing regulations to increased adoption of FinTech by the enterprise, force businesses to adjust how they record and report financial data. Open Banking initiatives in the EU, U.K.,

General Ledger 47

General Ledger Benchmarking Reconciliations Accounts Payable 47

Centage

JANUARY 9, 2024

Freed from the shackles of a siloed legacy tool like Excel and managed instead within dedicated FP&A software, budgets become living, evolving documents that finance teams can use as an in-house planning tool. It’s impossible for the finance team to have visibility into every detail and every driver. Who should be involved?

Budgeting 52

Budgeting Forecasting General Ledger Finance 52

Spreadym

JULY 10, 2023

Subsidiary Ledgers and Reconciliations: Subsidiary ledgers, such as accounts receivable and accounts payable, are reconciled to the general ledger to ensure consistency and accuracy. Financial Statement Preparation: Once all necessary adjustments have been made, the financial statements are prepared.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Reconciliations Accounts Payable General Ledger 52

Centage

OCTOBER 3, 2022

Limited Visibility To conduct financial data analysis, your business needs to test various hypothetical scenarios. The finance team needed to create unique reports each month, and their budgeting process included downloading data to Excel , sorting and filtering this data, and creating individual reports.

Forecasting 98

Forecasting Budgeting Data Analysis Financial Modeling 98

Centage

OCTOBER 3, 2022

To conduct financial data analysis, your business needs to test various hypothetical scenarios. The finance team needed to create unique reports each month, and their budgeting process included downloading data to Excel , sorting and filtering this data, and creating individual reports. Limited Visibility.

Forecasting 52

Forecasting Budgeting Data Analysis Financial Modeling 52