Excel is a standard tool in many offices. Data analysts rely on spreadsheets to compile and house data while using features to create essential visual elements, like graphs and charts. Though Excel is convenient and easy to use, it has many downsides, including causing your...
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Spreadsheets are a powerful method for many businesses to store data, perform simple calculations, and help visualize essential information. As businesses continue to grow, however, spreadsheets can become complex and unwieldy for meeting a company’s complete financial planning and analysis (FP&A) needs. Why Are Spreadsheets...
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Any leader will tell you that trust is a critical component of business. Customers respond positively to businesses they trust, and abandon those they don’t. Good managers spend at least part of their day building and establishing trust with their employees. Employees know that company...
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When it comes to financial reporting, Excel is the go-to for many companies, from small start-ups to larger corporations. In fact, the Financial Executives Research Foundation reported that 69% of companies surveyed continue to use Excel as their main tool for budgeting and planning, despite...
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Stressed Young Businesswoman Sitting At Desk In Office At the end of every month, quarter and year, finance teams across the globe spend thousands of hours reconciling spreadsheets manually to close out company books in Excel. If this includes your company, don’t worry, you’re not...
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lot of numbers on a spreadsheet (3d render) Is your budgeting process consistently bogged down, slow, and dare I say, painful? It might have less to do with the budgeting and forecasting process and more to do with the system your organization is using, namely...
Read MoreStressed Young Businesswoman Sitting At Desk In Office You don’t have to go far to find a CFO or budget manager who has suffered from making spreadsheet mistakes. In fact, it happens more than you think. A 2015 YouGov study that looked at spreadsheets found...
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Remember VisiCalc? ESPN launched, Madonna was in charge, and gas was 86 cents a gallon. That was 1979 believe it or not. Lotus 1-2-3 hit the market in 1983 followed by Microsoft Excel in 1985. Each spreadsheet was revolutionary in its time and Microsoft Excel...
Read MoreIs shipping on the last day of the month that important and at any cost? In my work in management consulting in the areas of accounting and finance I get involved with many client companies’ financial statement preparation, disclosure work and internal control (plus internal...
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