How are spreadsheets killing your budgeting and forecasting process
Leading business and companies have recognized that spreadsheet-based planning can and does impede their implementation of budgeting and forecasting best practices. Budgeting and forecasting best practices are key to any company that want and need to maintain their completive advantage. These companies have moved to a purpose-built application such as Quantrix with lean infrastructure requirements.
Quantrix planning software enables companies to accurately plan and re-plan quickly, using the same or fewer resources than they formerly had devoted to the process of budgeting and planning. Streamlining the planning process demands technological tools such as Quantrix capable of supporting a faster, more flexible, and adaptive approach to planning. By using a dedicated budgeting and planning software application like Quantrix organizations are able to implement the Budgeting and forecasting best practices best practices and completive advantage.
With Quantrix software, the planning process can be:
Integrated: Strategic, operating and financial plans reside in one system. Managers do not need to keep their own planning systems on the side.
Collaborative: A distributed planning system enables anytime, anywhere participation. The ability to allow everyone to access the budget information at anytime increase the buy in required for a success budget or plan
Adaptive: Simplified version control and the ability to frequently reforecast allow companies to respond to business changes with “what if” scenarios as often as necessary.
Timely: Information is always current because departmental users contribute directly to a central planning database. Deadlines are more easily met because consolidations and rollups are done automatically.
Efficient: Finance managers and department managers spend less time managing data, and more time managing the business.
Relevant: Customized views for managers increase adoption and ownership. Formula capabilities enable modeling business drivers.
Accurate: Plans contain fewer errors, since broken links, stale data, improper rollups, and missing components have been eliminated.
Quantrix sets the standard for business modeling & analytics. It's a single solution for all of an organization’s multi-dimensional modeling & analytics needs - from forecasting, budgeting, and strategic planning to financial modeling, risk modeling, data modeling, visual analytics and more. View our demo of Quantrix and see how Quantrix can give you that competitive advantage.