Spreadsheets have been the backbone of finance and accounting for decades even as technology has changed dramatically during the same timeframe.
Additionally, there has been a dramatic shift in internal and external reporting requirements, as well as increasing complexity in organizational structure and globalisation.
Let’s face it; these changes have led to an increased reliance upon spreadsheets, which is highly problematic. Businesses can rely upon spreadsheets so heavily that they lose sight of the original purpose of the spreadsheet and make decisions based on erroneous data.
The following eBook takes a look at what have commonly been identified as the top five, often interconnected, problems associated with an over-reliance on spreadsheets by the office of finance.