Avoid Fragmented Planning with Connected Budgeting and Planning Tools
Imagine the following scenario: You’re building next year’s budget in Microsoft Excel, using current year-to-date actuals that you exported from your enterprise resource planning (ERP) software. You also have this year’s approved budget on hand for reference. During this process, you notice that maintenance and repair expenses were especially high in June and July. That increase wasn’t in the budget, but maybe you should budget for it next year.