Finance and accounting departments tend to rely on Excel spreadsheets to manage a growing business’s financial data because they know it, they understand it and old habits die hard. But excel errors are always a risk, in fact various studies report that nearly 9 out of 10 accounting spreadsheets (88%) contain human errors. Moving forward to today, the use of accounting spreadsheets does appear to be in decline, according to a 2018 Benchmarking the Accounting & Finance Function report by...
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