Greg Bogiages, Director at Cortell, has written an article for Accountancy SA.

Greg writes:

Budgeting and forecasting can prove to be incredibly onerous, involving the collection and manipulation of data from multiple sources by multiple departments within the organisation, often into a single spreadsheet, which can only be accessed by one person at a time. Not only does this take months to execute, but the more manual processes involved, the greater the risk of human error, ultimately affecting the accuracy of outcomes. Considering that organisations base many of their important decisions on the budget, accuracy is a key factor.

Read the rest of this article on the Accountancy SA website.