September 29, 2009 – BPM Partners’ recent survey results suggest that mid-sized companies need to invest in automated planning, budgeting and forecasting tools in order to derive measurable improvements in their financial performance.

Where spreadsheets once provided a competitive advantage over manual tables, now companies can drive greater improvements with automated budgeting and planning tools. Currently, 54 percent are using manual processes. Only 26 percent are using traditional analytical applications.

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