Does your company use spreadsheets for your budgeting, planning and forecasting processes? Are you satisfied?
BPM Partners recently performed a survey of midsized enterprises to better understand their budgeting, planning and forecasting practices. According to the results, “Of the 138 survey respondents whose primary planning, budgeting and forecasting technology is spreadsheets, only 27% of respondents say their finance staff is â€œvery satisfied,â€ as compared to 47% of those whose primary technology is an automated performance management application.”
Read about the survey: https://www.b-eye-network.com/view/11452
What are the challenges your company faces using spreadsheet tools for the budgeting and planning process? If your company has invested in an enterprise solution, how has it improved the process?