Door key with blank card among other ones - XLerant

Budgeting Persona: Finding the “Right-Fit”

As a software company we’re constantly striving to find that “right-fit” – something that builds in all the important complexities of budgeting yet seems effortless and simple. In order to make a software solution that truly excels in usability – we have to match the needs, style, and thought-processes of our customer’s organizational and budgeting…    Read More

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Cube - XLerant

Top 5 Benefits of Multi-participant Budgeting

Group projects. A uniquely painful experiment that many of us try to avoid at all cost… Two-way communication between team members is often a challenge. Someone (or several “someones”) are perpetually behind and need to be coaxed along. There’s always formatting variations in the final document (no matter how clearly you established guidelines up front)….    Read More

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Employee Suggestion - XLerant

When the Employee Suggestion Box Meets Budgeting…

Remember the employee suggestion box? There might still be some relics mounted on a wall somewhere with a stack of paper and pencils nearby.   Can you imagine being the person responsible for translating all of those anonymous, one-to-two sentence thoughts into actionable organizational improvements? Today of course, technology is lending a hand.  A quick search…    Read More

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Business Budgeting - XLerant

Documentation & Justification: The not-so-secret recipe for successful distributed budgeting.

It might seem obvious – but when your distributed budgeting process engages multiple participants across the organization it becomes as much an exercise in communication as an analysis of the numbers.  “Multi-participant” or distributed budgeting works best when budget managers are able to document their assumptions, delineate how these costs align to key strategic objectives,…    Read More

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Businessman Confusion - XLerant

Excel in Budgeting – Friend or Foe?

Most organizations still use Microsoft Excel as their budget preparation tool. The reason for this is that the general ledger or ERP providers don’t focus on, or even understand, the budget process or budget workflow and do not think about this from the perspective of the average user or institution. So, financial people took matters…    Read More

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Seducing Users - XLerant

Seducing Users to Improve the Budget Process

In today’s world of software, people are used to being seduced by personal applications that make things simplistic…like Google or Facebook. They now expect that business software will follow suit. Wikipedia defines seduction as the process of deliberately enticing, corrupting, persuading, or inducing a person to engage in behavior. The word seduction stems from Latin…    Read More

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