While Excel spreadsheets are a part of everyday life for finance professionals, you shouldn't be forced to live with its limitations. As any company grows, it gets more and more difficult for Excel to scale to do the job needed. Manual updates and re-forecasting on a regular basis consume all of your time. Building multiple scenarios makes it easy to introduce errors into your model, but they are difficult to find and remove. Version control is anything but flexible.
Cloud-based forecasting software lets you move beyond only Excel and streamline your budgeting, forecasting, and planning process.
It used to be a painful process developing these reports in Excel. Using Adaptive Planning has really changed the way we spend our time and we now can focus more on analysis and less on consolidation and error correction. We now have a lot more confidence in the numbers.
Tom Shaw, CFO