The end of Excel tables? Modernize, automate your processes

The end of Excel tables? Modernize and automate your processes

70% of companies use Excel for sensitive data and processes (Source: Deloitte)

If Excel remains (still) the planning, budgeting and reporting tool most used by the finance function, the need for automated, collaborative, more robust and better adapted budget solutions is becoming obvious.

With the emergence of new integrated solutions in the field of data management, the weaknesses of Microsoft software seem increasingly difficult to ignore.

What are the inherent limitations of using Excel?

“Excel is not known for being a collaborative tool! »

Frequently exposed to bad file versions, Excel poses a real data integrity problem that can be difficult to detect and can have a significant impact on decision-making.

“Excel is not a centralized tool! »

Excel files do not communicate with each other... Data entered in one workbook is not transferred to another workbook. Explore multiple scenarios with all associated risks.

“Excel requires manual human use!” »

According to the University of Hawaii, 88% of spreadsheets contain errors. An observation supported by the KPMG firm which, on a sample of 22 sheets, detected it in 91% of them!

“Excel is easy prey for hackers! »

Simply locking cells and password-protecting spreadsheets is no longer enough. An Excel file is poorly traceable and can be easily lost or corrupted.

Optimize and simplify your budgetary processes with a powerful decision-making tool

Financial services are currently going through a period of great change. Moving from decision-making to activity management is a real lever for companies: speed, agility and vision are the key words for improving the management of their financial and operational performance.

Moving from an Excel-only device to an automated budget management tool avoids the spreadsheet cycle and makes activity management more efficient and simple.

Powered by IBM TM1 and deployable in the cloud or on-premises, IBM Planning Analytics automates planning, budgeting, forecasting and analysis processes. It allows finance departments and sector users to coordinate their planning, thereby linking business drivers to key financial performance indicators.

Belharra supports you in a pragmatic manner to structure a data repository and take charge of a platform adapted to your needs:

Design a business solution and structure performance indicators
Develop a decision-making architecture, administer a data repository
Deploy a project in an environment that adapts to user needs
Facilitate the articulation of the roles of the IT department and business stakeholders.

The end of Excel tables? Modernize and automate your processes

The end of Excel tables? Modernize and automate your processes

What are the inherent limitations of using Excel?

Optimize and simplify your budgetary processes with a powerful decision-making tool

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