When it comes to planning, budgeting and forecasting, many financial planning and analysis (FP&A) teams continue to rely on the same old desktop tools and manual processes: spreadsheets. While spreadsheets are easy to use, they are not built to gather data from across the organisation, roll up departmental plans, or do complex, collaborative planning and multi-dimensional modeling. Whether an organisation is experiencing fast development or faced with economic uncertainty, more and more FP&A professionals are discovering that manual spreadsheet-based planning falls short in providing the control, collaboration and visibility needed to aid in providing strategic guidance for the company.
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