Spreadsheets: An Inadequate Solution for Budgeting, Forecasting and Reporting

Sponsored By Adaptive Planning

Topics:

Budgeting & Planning > Budgeting

Business Software > BPM , Spreadsheets

View White Paper now

Free registration is required

Abstract:

Large corporations reap the benefits of purpose-built budgeting, forecasting and reporting applications. Unfortunately, because such applications are costly and complex to implement, deploy and maintain, mid-sized organizations have not been able to reap the same benefits. Instead, these organizations have conducted the budgeting and forecasting process through a readily-available, inexpensive and easy-to-use application - the spreadsheet.
Spreadsheets, however, were never designed for multiple users. They were not intended to be the foundation of a dynamic, shared function like financial planning. And they certainly weren't designed to provide the security required for financial information.
The good news is that Adaptive Planning offers an excellent solution:
- Easy to use
- Requires no IT resources for implementation or maintenance
- Facilitates compliance with regulatory requirements
- Creates a single data repository for all financial plans, forecasts, and reports

DETAILS

Sponsored by:

Released: June 24, 2008

Length: 11 pages

Format: PDF (113 kb)

Email this abstract

These white papers are not created by the CFO.com editorial staff. In order to view these papers, you must register with CFO.com and agree to share your contact information with related product/service companies.

Search White Papers