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Blogs about Budgeting and Forecasting

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Here’s Why You Need a Budgeting Software Solution

Tell us if this sounds familiar: you set a goal of finalizing your budget within eight weeks. But seven of those eight weeks are spent collecting data and inputting numbers into a spreadsheet, tracking changes from other staff, merging documents, catching small errors, and generally giving you one large, administrative headache.​ By…

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Budgeting and Forecasting Business Budgets Optimizing Business Performance

What You Need to Get Your Budget Started

First and foremost, you must understand your requirements and resources –which includes your current IT infrastructure, available budget, and human resources. Evaluate the strengths and weaknesses of your existing processes. Consider: What workflow problems do you encounter? What pain points do you wish could be addressed? What elements in your…

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Annual Budgets vs. Rolling Forecasts Budgeting and Forecasting Business Forecasting Forecasting and Planning

Tips for Building a Better Business Forecast

We all know how important having a good sales forecast is. It helps managers predict short and long-term company performance, and therefore also helps with things such as resource allocation (amongst other important items). However, if sales forecasts are prepared improperly or are inaccurate/missing information, they are more likely to…

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Accounting Annual Budgeting Budgeting and Forecasting Budgeting and Forecasting Challenges Business Forecasting Excel for Budgeting Excel Spreadsheets for Budgeting

Free eBook: Design the Right Business Budget Templates for Your Budgeting Process

Do you find yourself spending hours during the budgeting process simply designing the budget? Have you ever received an Excel worksheet you needed to update with your budget information and then found yourself feeling frustrated and confused trying to decipher formulas, keep track of which cell was referring to which…

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Budgeting Budgeting and Forecasting Business Budgeting Business Forecasting CFO Common CFO Challenges Corporate Budgeting Software Forecasting and Planning Integration Automation

Financial Process Automation is the Secret to Saving Time and Money — Here’s How

Financial process automation can save businesses time and money, yet many CFOs are reluctant to embrace it. There are many directions financial process automation can take — employee expense automation, accounts payable automation, accounts receivable automation, automating the budgeting and forecasting process, and beyond. The result can be less time…

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