Remove Financial Data Remove Financial Modeling Remove Financial Reporting Remove General Ledger
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Today’s Business Budgeting; Can Your Spreadsheet Software Keep Up

Centage

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.

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

Centage

Limited Visibility To conduct financial data analysis, your business needs to test various hypothetical scenarios. The process of generating what-if scenarios and financial models or incorporating several variables at once could be time-consuming. A single miscalculation could lead to significant monetary loss.

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

Centage

To conduct financial data analysis, your business needs to test various hypothetical scenarios. The process of generating what-if scenarios and financial models or incorporating several variables at once could be time-consuming. For budget forecasters, real-time financial reporting has become increasingly vital.