- Wednesday, 09 January 2013
- Special Reports
Budgeting is one of those unpleasant tasks every manager has to do. It's a lot of number-crunching, comparing actual expenses versus last year's estimates and adding information about upcoming projects and known expenses. Thousands of people do their budgeting in a spreadsheet. However, while this is adequate for a basic budget for a department or small company, you have to enter the budget data manually, making it difficult to scale your budgets for larger companies. Moreover, spreadsheets rarely provide the analysis tools to create an accurate, tight budget based on existing numbers, and they are not suited for collaborative financial planning. This is where budgeting software comes in. Read more...