The pandemic laid bare the profound limitations of spreadsheets for forecasting and scenario planning and FSN’s newly released research highlights that the market for CPM (Corporate Performance Management) software is set to double by the end of the decade.
So after 40 years of spreadsheet dominance for planning, budgeting and forecasting is the accountants’ favorite tool about to wither and die?
FSN’s research shows that forecasting is the most important application for investment until 2030 and there is heightened interest in scenario planning and predictive analytics. But smart finance professionals recognize that none of this is deliverable without the right building blocks in place.
So, if we are to displace spreadsheets, what sort of foundations are required? Can transformation laggards catch up with their competitors and how will planning, forecasting and reporting continue to evolve?
Watch our webinar to find out!
Gary Simon, Chief Executive FSN and Leader of the Modern Finance Function on LinkedIn
Gary Simon is Group Publisher of FSN Publishing, he is a graduate of London University, a Fellow of the Institute of Chartered Accountants in England and Wales and a Fellow of the British Computer Society with more than 40 years’ experience of implementing management and financial reporting systems. He is the author of four books and a popular independent speaker on market developments. He was formerly a partner in Deloitte for more than 16 years.
Ed Gromann, VP Global Analyst Relations at Board International
Ed is a veteran of the computing industry, with over 30 years’ experience and holds an MBA in Information Technology as well as first degrees in finance and management information systems. He has worked widely across the industry and has extensive experience of performance management and financial reporting.