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APQC and the Beyond Budgeting Round Table recently reported that organizations using commercial or internal applications are 59% more likely than spreadsheet users to land within 5% of planned targets.1 According to a 2008 report from The Hackett Group, to survive tough economic times, it is imperative that companies have reliable forecasting mechanisms that anticipate future demand and sales. Hackett stated that their research indicates that Effective enterprise planning is highly correlated to overall financial performance.
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