Budgeting & Reporting
Budgeting and reporting should be efficient value-add processes. But they aren't. Spreadsheet templates are difficult to hand off, users overwrite formulas, rollups have too many errors — and integration of actuals is a zoo!
With company valuations in the dumpster and credit markets tight, the economic crisis is forcing hard looks at revenue sources and spending across the board.
Long Range Planning
Most financial plans for evaluating long range strategies are developed using spreadsheets and most have the same problems — cell formulas too difficult to trace, inputs spread across multiple sheets, links too easy to break, and structures too difficult to maintain.
Agile PlanningTM is becoming the most important activity for finance in the 21st century. What if planning added increasing value over time?