Given that change is going to happen, is it enough to rely on Excel as the primary tool for your planning and budgeting? How does Excel deliver as a forecasting tool compared to solutions designed for the job?
Unless you've gone through fast growth before, the pitfalls and stress it presents can be overwhelming. So we've put together an inside track series to help you pick your way through the growth maze; offering guidance on the financial essentials needed and tips to making sure the company continues to rise rather than falter.
What is the case for moving beyond Excel?
Excel is the go to software used by finance to forecast and budget. This slide deck from our recent Webinar looks at the if's and why's around the use of spreadsheets. Questions the reason for their popularity and growing trends in business which are challenging their limitations.
Does Excel deliver as a forecasting tool compared to solutions designed for the job.
2017 promises to be an interesting one. Political change, un-certain risks posed by currency volatility and increased compliance burdens, along with the impact of talent attraction and retention to name a few of the high profile areas which could impact. Managing any uncertainty requires the ability to build flexible plans. There is a need for Finance leaders to be pro-active, and ready to act to manage the impact of change successfully.
So given that change is going to happen, is it enough to rely on Excel as the primary tool for planning and budgeting in 2017?
Are rolling forecasts the answer?
Today Finance leaders need so much more information at their fingertips to feed the demand for better insights and analysis from the business as a whole. There is a lot of talk about rolling forecasts, but how do you get there in practice?
Common forecasting issues
This Month we'll be running a webinar on 19th July for finance teams and leaders who are looking to get a more successful forecasting model working for their business. We'll identify common issues when building a forecast, and some learning tips on how to overcome them.