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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 generalledgers. Siloed financialdata can lead to false assumptions because insight isn’t based on a complete picture.
Disadvantages of Excel for Financial Forecasting While Excel is not necessarily bad for dataanalysis or financial forecasting, it may not be the best option available to your business. Limited Visibility To conduct financialdataanalysis, your business needs to test various hypothetical scenarios.
Disadvantages of Excel for Financial Forecasting. While Excel is not necessarily bad for dataanalysis or financial forecasting, it may not be the best option available to your business. To conduct financialdataanalysis, your business needs to test various hypothetical scenarios. Limited Visibility.
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