How technology enables planning best practices

In recent years, many companies have migrated from spreadsheet-based processes toward more sophisticated enterprise planning tools. These tools promise a greater level of operational detail for analytical purposes, more robust financial reporting, real-time aggregation of data, and higher participation from users. The tools also liberate finance departments from the demands of collecting and consolidating data so that they can focus on analysis, and understand real business drivers. As software technology improves, companies are tasked with enabling planning best practices by adopting new tools. Some of the new capabilities but these tools provide can have far-reaching effects on the accuracy and ...

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