Most companies today use Excel as their main budgeting tool. Although it is powerful, it has its limitations. One big one that is important to the budgeting process, is that it doesn’t offer any sort of workflow tool. A great budget process is one that has various controls such as…

Microsoft Excel can be a great tool for business budgeting, there’s no doubt about it. But it does have its limitations. One of those limitations is the lack of workflow tools, which are crucial to your business budgeting process. A good corporate budget process needs controls: a workflow management system,…