September 29, 2020

You are not alone if you’re designing and managing budgets in Excel today. You are also not alone if you’re struggling to make Excel a successful method for doing so.

Usually, budgeting using spreadsheets is less successful and hinders teamwork. It’s error-prone as well. Excel is a powerful tool for personal efficiency, but it lacks the requisite capabilities to create the detailed, thorough budgets needed by executive management, the board or lenders.