Remove Data Analysis Remove Financial Data Remove General Ledger
article thumbnail

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.

article thumbnail

Capitalising on the Fintech apps in APAC

Future CFO

The rise in digital transformation (DX) initiatives and the adoption of mobile technologies have also contributed to the demand for cloud-based financial applications in Asia/Pacific. Companies are increasingly seeking secure and compliant solutions to manage their financial data.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Why Excel Spreadsheets Are Not Meant for Business Budgeting

Centage

Otherwise, you risk sharing incorrect financial data. Consolidating your financial data across several general ledgers quickly becomes complicated when you use spreadsheets. Fortunately, Planning Maestro offers cloud budgeting and planning software that simplifies the financial consolidation process.

article thumbnail

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.

article thumbnail

Strategic Budgeting and Forecasting: Five Questions to Consider

Centage

As each contributor enters financial information and transactional data, those inputs automatically ripple through the budget. That extends from the most meticulous operational details to the highest consolidated financial roll-ups.

Budgeting 111
article thumbnail

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. To conduct financial data analysis, your business needs to test various hypothetical scenarios. Limited Visibility.