It’s staggering how many companies still rely on spreadsheets to create and manage their organization’s planning and budgeting process. While the use of spreadsheets is on decline, according to a 2018 report by the Financial Executives Research Foundation (FERF) and Robert Half, there are still 63 percent of companies that acknowledge their continued use of the software for these important tasks.
This drop-in usage signals two things for organizations still relying on spreadsheets – specialized budgeting and planning software is more accessible than ever before, and if your competitors haven’t already switched from spreadsheets, they will be doing so soon.
In this new eBook, Transitioning from Spreadsheets to Specialized Budgeting & Planning Software, Centage provides a practical roadmap away from cumbersome, error-prone spreadsheets to a budgeting and planning solution that enables more collaboration, control, accuracy and compliance.
In the eBook, Centage outlines the 10 warning signs that your business has outgrown spreadsheets and explores how to build an accurate, driver-based budget model. You’ll also take away a practical road map for supporting corporate decision-making with automatically generated balance sheet and cash flow forecasts, self-serve analytics and information-rich visual dashboards. Learn the first steps toward best practice budgeting and create your own vendor checklist to ensure that you know exactly what to look for in a budgeting and planning software provider.
If you’re ready to take the next step, or are just interested in learning more about how to modernizing your budgeting and planning process, download Centage’s free eBook, Transitioning from Spreadsheets to Specialized Budgeting & Planning software. With this practical guide you’ll set yourself on the right path to a smooth transition and enhanced organizational operations and growth.
Small to mid-market organizations rely on Centage Corporation’s Maestro Suite, which includes Budget Maestro™ to help them keep track of and manage their cash flow. Budget Maestro improves the efficiency and effectiveness of business budgeting and planning, financial forecasting, financial consolidation and reporting processes. For more information, take a tour of Budget Maestro, contact Centage, or call 800-366-5111 now.
