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Transitioning from Spreadsheet Budgets to a Packaged Application

By: Centage Corporation
Published: 3/15/2010

While accurate budgeting practices are essential for the profitable operation of any firm, it is especially important for a small to medium –sized business (SMB). An SMB typically doesn’t have access to the same amount of resources that a larger company does. Thus, it is imperative that their budgets are timely and accurate.

Most SMBs utilize a traditional spreadsheet model to handle their budget. The problem with this lies at that point where a firm’s budgeting process “outgrows” its spreadsheet format. This is where gaps and inconsistencies in information begin to occur and a firm can lose money because of a simple lack of proper organization and collaboration.

Discover how to solve the spreadsheet quandary through the adoption of an enterprise budgeting application.


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