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From the Blogosphere

No More Excuses?

April 6, 2007 4:29 PM
From Blog: Craig Schiff

Most surveys on budgeting and planning find that respondents using Excel as their primary budgeting tool say it is an extremely painful and unreliable process. However, those same surveys also find that the majority of companies still rely on Excel for budgeting! Why is that? For larger companies it tends to be that the senior decision makers who can do something about it aren't close enough to the line managers and finance analysts to truly understand what a chaotic and labor-intensive process they are going through. The executives in small to mid-size companies are closer to the front lines and tend to understand the issues. Their challenge though is that they don't have the dollars, IT resources, and infrastructure in place to solve the problem. A BPM vendor targeting this market thinks they have the answer.

[ Read the entire post at Blog: Craig Schiff ]