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Is your planning and forecasting process as good as it could be?

Tina Hernandez

Tina Hernandez

It is almost the new year, which means that many people (maybe even you!) are planning and forecasting for the next year.  Many are not just planning for their personal finances, either. Small businesses, non-profits and public sectors are also assessing what the New Year will bring. What is the organization’s financial state, currently? Where do you hope to be by this time next year? What obstacles or hazards are most likely to keep you from reaching that goal? There is a lot to consider, and Questica wants to make your budgeting and forecasting process as worry-free as possible. With that in mind, you need to ask yourself: is my plan as good as it could be? If you feel like you have encountered the following frustrations, you may need to rethink how you budget this year.

 

Too much time tracking down vital personnel

A big problem when you are planning and forecasting is that you can’t do it on your own. It would be so nice to just have one or two people in charge of this, right? But no— you need to spend time trying to get in touch with the key personnel to make sure you have an accurate prediction. Maybe you have to get the budget approved without the consent of every department leader. Or perhaps you have that one person who keeps constantly coming up to you with changes to the forecast he gave you two days ago. Whatever the case, it sure would be a lot easier if everyone could just make their contributions from their own workstations, via the cloud.

 

Too much struggling with frustrating spreadsheets

It’s a truth universally acknowledged that an accountant using a spreadsheet for planning and forecasting is in want of a better method. Spreadsheets are outdated and inefficient, and they end up costing you more time and money than they are worth. Fortunately, spreadsheets are on their way out. More people are recognizing that this traditional method is just too inefficient to get great results. These days, you will find more satisfaction with planning and forecasting software designed specifically for budgeting purposes.

 

Questica helps with planning and forecasting

This new year, shouldn’t you make sure you have the very best when it comes to your budget? Questica’s software is the easy solution to make next year — and every fiscal year after — an absolute breeze. Our software doesn’t use those frustrating spreadsheets, instead we are a cloud-based system. This means that you can create multiple budgets for differing projects and they can overlay on each other and update in real time. And cloud computing means that everyone has access to the budget who needs it, and can update it from wherever they are. Finally, you won’t have to dread the budgeting season!

 

If you are interested in trying out Questica budget for yourself, visit our website where you can sign up for our free monthly informational webinars. If you like what you see, then you can request a demo for yourself!

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