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10 KPIs to Track Business Performance

The Finance Weekly

Financial KPIs provide insights into a business's financial well-being compared to its internal goals, competitors, and other industries. They are widely used in , strategic planning and reporting to guide investment decisions. Monitoring your business's financial performance closely is crucial for long-term success.

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Why Excel Spreadsheets Are Not Meant for Business Budgeting

Centage

Otherwise, you risk sharing incorrect financial data. One miscalculation may lead to major monetary loss, and if you notice mistakes in your Excel spreadsheets, you may want to consider switching to a more accurate software like Planning Maestro. If the recipient views the files, they cannot manipulate the data.

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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? How can we plan for an uncertain economy? As each contributor enters financial information and transactional data, those inputs automatically ripple through the budget. How valuable is my budget for managing the business next year?

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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? How can we plan for an uncertain economy? 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.