Enterprise Budgeting: A Practical Guide for Moving Beyond Spreadsheets

Most large companies have already liberated their budgeting process – at least on the official level – from spreadsheets. Medium-sized businesses in many cases, and some large-sized businesses still manage the difficult and error-prone process of budgeting on these same challenging spreadsheets. Once the medium and large-sized business is hit with budget-related issues too painful to ignore, such as version control, complex macros, formula errors, and inability to easily draw in and consolidate input from needed participants, it would seem likely they’d adopt a packaged application for budgeting. But breaking the spreadsheet habit is a difficult step for many, and finance executives often postpone the decision to migrate to a more purpose-built budgeting solution.