REVIEWER: Phil Guido, budget manager and financial analyst for The Bonita Bay Group.
BACKGROUND: The Bonita Bay Group is a growing, privately owned and diversified real estate developer that plans, sells and manages master-planned communities and freestanding recreational facilities in southwest Florida. Having a unique multiyear budgeting process involving staggered project start dates with a variety of durations and a complex corporate structure, budgeting and forecasting with spreadsheets became overwhelming.
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