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The Benefits of Automating Forecasting Processes  

Centage

When it comes to automation, what’s particularly beneficial is the way technology can automate how financial data flows through models and forecasts, freeing financial teams from the manual labor of attempting to create forecasts via spreadsheets. Fortunately, automation allows for increased agility.

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Strategic Budgeting and Forecasting: Five Questions to Consider

Centage

While spreadsheets have long reigned supreme as the foundation of budgeting and forecasting for many organizations, the shortcomings of this legacy, siloed tool have become too hard to ignore. Do we have the data we need readily available? Accuracy is the critical to the budgeting and forecasting process.

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

Centage

This accessible program can accomplish various tasks, such as financial forecasting and budgeting. If your business has used Excel for financial forecasting, you may have found some challenges with the program. With these spreadsheets, you can store, organize and analyze valuable data.

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How Forecasting Tools Can Pull SMBs Through The Economic Storm

PYMNTS

With more payments and back-office workflows being digitized, companies have more data than ever before with which to work. For some finance professionals, it may seem an overwhelming task to make sense of financial data to understand where a company has been, where it is today and where it could be tomorrow.

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Why Do I Need ERP If My System Already Works?

Navigator SAP

Bookkeeping and financial tracking tend to get more complicated over time. The platform allows you to consolidate all of your financial data automatically and review it all on one dashboard. Your business profitability is hindered when you can’t accurately forecast supply and demand.

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Financial Forecasting for Small Businesses: Plan with Precision

CFO Plans

In the fast-paced world of small business, precise financial forecasting is not merely advantageous—it’s essential. This startling statistic underscores the critical importance of accurate financial forecasting. Conduct Regular Reviews: Financial forecasting is an ongoing process.

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Why Annual Forecasting Has Gone 'Out The Window' For CFOs

PYMNTS

At the start of 2020, chief financial officers and their finance teams were going about business as normal, developing forecasts on a yearly or periodic basis. Forecasting has always been a critical workflow for organizations, a strategy to guide growth trajectories and chart progress toward the goals of the enterprise.