Remove Auditing Remove Data Analysis Remove Financial Reporting
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What is Financial Reporting?

Centage

Financial reporting is a critical task for any organization. Understanding where your actual financials stand in relation to budgets and projections is important to keeping your business on track and in helping to create new projections and budgets. When using spreadsheets for financial reporting, these errors are amplified.

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5 Excel-heavy Pain Points still Dragging down finance teams in 2025

The Finance Weekly

Problem 1: Using Old and Cumbersome Excel Models Many of us have developed a financial reporting process that uses workarounds for limitations in our ERP software and to ensure we can meet our deadlines without accidentally breaking something. Are there companies in this space solving this problem?

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How Excel Spreadsheets Can Create a Data Security Risk for Businesses

Centage

As organizations expand, they will need to rely on more complex reporting functions. Unfortunately, Excel has very defined limits that can make it challenging for businesses to publish their financial reports more quickly and efficiently. Still, many depend on this program for these critical tasks.

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

Centage

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.

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Where Can FP&A Career Path Take You?

Fpanda Club

This is true in all possible economic situations: in times of growth FP&A participates in setting business objectives, analyzing options of growth, assessing market opportunities and risks, while in times of recession FP&A can contribute to corrective action plans, cost-cutting and other initiatives to preserve company’s financial health.

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Why Excel Spreadsheets Are Not Meant for Business Budgeting

Centage

Quick report generation: Planning Maestro allows you to quickly and easily build and distribute consolidated financial reports. Our software automates repetitive tasks to provide actionable, accurate reports while minimizing the burden on your team. Download unformatted financial results from the accounting solution 2.

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Preparing Your Finance Organization for the New Era of AI

CFO Leadership

Future-forward finance and accounting organizations were quick to embrace robotic process automation (RPA) years ago to manage mundane, repetitive back-office tasks like data entry and routine financial reporting.