- You are not able to see financial data from prior years.
- Unknown how you do it today.
- Files aren’t archived.
- It takes long.
- Unknown what happens if you can’t get the data.
- It is difficult to see cash position and cash flow.
- Unknown how you are doing it today.
- With no drill down capabilities.
- You need to add up current and projected financials manually.
- Unknown how long that takes.
- Unknown accuracy.
- It is difficult to track and compare budgets.
- Unknown how you are doing it.
- You need to manually compare printed budgets.
- Cannot view them on line
- Unknown how accurate you think your comparisons are.
- Reporting is cumbersome.
- Do need to export information to excel to run queries.
- Cannot see summary data.
- Cannot drill down on detail.
- Reporting is cumbersome.
- You need to run multiple reports and compare information.
- Cannot drill down on detail.
- Cannot track entries.Cannot get records of past reconciliations.
- Unknown impact.
- You have to re-key information for fixed assets acquired via a purchase order or vendor invoice.
- Cannot support multiple depreciation methods.
- You forget to create new asset records and therefore miss out of tax deductions due to misplaced assets.
- There is risk of potential theft if the company has no record of the asset and therefore they might not miss it.
Budget Finance Spreadsheets to Software