Are you one of the enterprises that still rely on Excel files for finance tasks such as planning, consolidation, reporting, and analysis? Then it’s time to think about a professional software solution. The latest studies (such as BARC The Planning Survey 2018) show that Excel is still being used heavily for planning and budgeting in particular, because professionals are familiar with it and because it is installed on computers in many enterprises as a standard solution. But experienced users know that Excel harbors many risks and has significant disadvantages. We reveal the seven reasons why you shouldn’t be using Excel and explain the advantages that professional financial performance management software brings to finance departments.
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