Budgeting and Forecasting Software
Fortunately, the need for better budgeting, financial planning and reporting software
has been recognized and addressed by a number of software providers.
Now many organizations have added budgeting and forecasting software to their suite
of financial applications, running side-by-side with the general ledger and other
packages. These internet- or server-based budgeting solutions allow organizations to collect,
consolidate, track and analyze budget data from all segments of the organization and produce
a full range of reports. Some packages allow complex top-down or bottom-up forecasting,
what-if analysis, easy importing of data to and from the G/L system and other advanced
functions that are beyond the realm of spreadsheets.
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