Tuesday, 9 October 2018

Give New Lease of Life to Your Small Business with Budget App!


Running any business that has meaningful sales is challenging enough without having reliable forecasts.  Often businesses find budgeting and forecasting their business is too hard or cumbersome and time consuming that just looking at LY data is enough.  But that is similar to driving a car looking through the rear view mirror.   If you do this you will fail.  Often the resistance to budgeting is also the challenge of using Excel to build your budget.  It is time consuming and makes budget to actual reporting also time consuming and hard to generate. 

If you upgrade to a Budget Software platform that can integrate to your Accounting Software that recreates your Chart of Accounts and Class/Segments then you can generate Budget to Actual reports in seconds. Budgeting software eliminates the errors from budgeting in Excel, forecasting software for small business and managing the formulas and constant auditing of all formulas so they aren’t broken or linking incorrectly.  Considering these challenges the task of budgeting is scary and time consuming but so imperative.  

Budgeting using Excel while there are more powerful and flexible budgeting software solutions is like budgeting with pen and paper when Excel was around. The next generation of budgeting solutions is here and it is more intuitive than Excel and leverages the power of the cloud.                

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