As the concept of self-service, consumerized IT gains popularity, it is not surprising that corporate finance departments line-of-business managers remain attached to using Excel, even for relatively newer activities such as business performance management (BPM).
Among their motives for implementing performance management in or with Excel are the goals of maintaining independence from IT, as well as retention of their longstanding, cumulative investment in Excel models.
Excel continues to be a highly effective tool for key aspects of BPM/CPM including data entry, model-building, and analysis. In these areas, businesspeople are very efficient at using familiar functionality.
Download this whitepaper to explore the advantages of an Excel-centric BPM solution and how finance can utilize these applications.