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Älvstranden – Excel ERP Integration for Safer and More Accurate Budgeting

Älvstranden – Excel ERP Integration for Safer and More Accurate Budgeting

Älvstranden Utveckling AB is a wholly-owned municipal company which manages and carries out the work involved in developing the district Älvstranden on behalf on the City of Gothenburg. They wanted to keep working in Excel while eliminating the risk of errors.

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Älvstranden Utveckling AB is a wholly-owned municipal company which manages and carries out the work involved in developing the districts of Norra and Södra Älvstranden on behalf on the City of Gothenburg. The work is based on the vision of The Good City.

The company’s budget system previously consisted of 21 items, information which was entered in Excel and then fed in and printed out on paper in several batches. It is obvious that the risk of errors was huge. One problem was that the majority of staff were comfortable with working in Excel and were thus reluctant to switch to IFS.

Our solution was to create a plug-in which linked Excel to IFS – in other words, Novacura Excel Integration. This approach supported the need for IFS and Excel cooperation without disrupting the familiar user experience.

In this way, staff can enter data in Excel, after which it is automatically transferred to IFS. We linked the software with the system to enable seamless IFS Excel integration. The result was that budgeting became easier and more efficient. Data only needs to be entered once, and the risk of errors is minimised.

It all (Novacura solution) turned out much better than we expected. Novacura have proven that they understand our business. They have delivered beyond expectations.

Mi Mathiessen

Älvstranden Utveckling AB, Chief Financial Officer

Why is IFS Excel integration a practical solution for public sector financial planning?

IFS Excel integration allows public sector organizations to maintain familiar workflows while enhancing control over financial data. It combines the flexibility of Excel with the reliability of ERP, helping municipalities use digital budgeting solutions for public sector without requiring major retraining or system overhauls.

How does linking Excel to ERP systems improve efficiency and data accuracy in budgeting processes?

Linking Excel to ERP systems streamlines data entry, reduces duplication, and minimizes manual errors. With an ERP integration for Excel-based budgeting, financial teams only input data once, ensuring faster updates, better tracking, and higher data quality throughout the budgeting cycle.

What makes IFS and Excel work well together for budgeting?

IFS and Excel work well together because they combine structured ERP functionality with the flexibility users expect from spreadsheets. This approach supports seamless data flow, making it easy to update, review, and analyze financial information within a familiar Excel ERP environment.

Will linking Excel to ERP make budgeting faster and more accurate?

Yes, linking Excel to ERP significantly speeds up the budgeting process and improves accuracy. By automating data transfers and reducing the chance of manual mistakes, organizations achieve the efficiency typically expected from an Excel ERP system while keeping users comfortable with tools they already know.