The Pros and Cons of Spreadsheet-Based Corporate Performance Management (CPM) Applications
There are significant savings to be gained by using dedicated planning and budgeting software (Corporate Performance Management or CPM software) that eliminates spreadsheets and enables people working in FP&A to do what they were hired to do - understand and analyze the company’s business data.
This white paper is designed to be read by finance professionals. It discusses the pros and cons of spreadsheet-based CPM applications and explains some of the hidden drawbacks of using them.
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