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Report the Future: The Role of Automation in Financial Reporting

Centage

Also known as FP&A, financial planning and analysis refers to various planning and budgeting activities that help a company to make savvy decisions regarding its long-term goals. To that end, most companies are gathering data on revenue, expenses, and other key ratios rather than predicting what’s coming down the pipeline.

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Address Today’s Dynamic Business Environment: Discover How Cloud-Based Financial Reporting Software Can Help You Make the Shift

Centage

To achieve this, you need a cloud-based financial reporting software that can support frequent forecasting, scenario planning, and reporting. While accuracy in reporting remains a top priority for CEOs, efficiency and speed follow close behind. Financial Reporting & Analytics Made Easy. Learn More.

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Today’s Business Budgeting; Can Your Spreadsheet Software Keep Up

Centage

When it comes to business budgeting and planning, traditional spreadsheets are labor-intensive, prone to errors, and static, so it can be difficult to get a clear view on your current and future financial position. With the fast pace of business change, CFOs need accurate financial information to make informed decisions on the fly.

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Why Excel Spreadsheets Are Not Meant for Business Budgeting

Centage

Though some businesses rely on Excel for budgeting and financial management needs, the software has some notable disadvantages that may make it a less-than-optimal solution for your business. To maintain multiple spreadsheets, you will be required to perform manual data entry.

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Financial Metric Madness: How SMBs Can Set Meaningful KPIs for Their Business as Part of Their Financial Reporting and Analysis Process

Centage

It’s that time of year again when many organizations are busy setting business objectives and planning budgets for the next fiscal year. Part of that effort requires a deep dive into the overall financial health of your organization. There’s no denying these factors play a major role in an organization’s overall long-term success.

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Why Financial Forecasting Is More Important Than Your Annual Budget

Centage

Once upon a time, businesses were satisfied with creating an annual budget. You used your budget as a measuring stick to gauge performance against assumptions made months ago. If your board asked you to run new numbers based on fresh assumptions, it took you days or weeks to create a new set of reports. Watch Demo.

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What You Need to Know: Rolling Budgeting, Rolling Financial Forecasting, and Mid-Year Forecasts

Centage

The current economic circumstances haven’t just resulted in financial uncertainty for millions of Americans. They’ve also helped reveal the problems inherent in conventional budgeting methodologies. Read on to discover the benefits of rolling budgeting, rolling financial forecasting, and mid-year forecasts for your business.