Death of the spreadsheet: It’s time businesses look to the cloud for a clear accounting view
By Dan Rabie · 6 July 2017 · Accounting
By Dan Rabie · 6 July 2017 · Accounting
Almost 9 in 10 spreadsheets contain costly mistakes, yet most businesses rely on them for decision-making. Is it time to rethink your accounting strategy?
It’s time to talk about spreadsheets. Or, as one financial modeling company called them, capitalism’s dirty secret. What’s going on between the (spread)sheets to earn the decades-old business application such a sordid reputation? Mistakes. Costly ones. Almost nine in 10 spreadsheets (88%*) contain errors. Yet what do most businesses base their decision making on? Spreadsheets. Consider […]
Tags: Accountant, Accounting, Cloud, Dan Rabie, Excel, mistake, Reckon, spreadsheet