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Long reliant on a maze of disconnected spreadsheets and manual processes, capital asset planning has historically been a thorn in the sides of organizations large and small - the problems of incorporating multiple areas of expertise and a large degree of inherent risk leading the best-intentioned projects to go wildly off plan. With today's emerging software solutions, however, this doesn't have to be the case. Building on the capabilities of Web-based budgeting and forecasting applications, these solutions combine the specialized functionality required for capital asset planning with guided workflow and process support to transform the planning for capital assets into an accurate and reliable process.
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