When Do Companies Outgrow Their Spreadsheets?
- Topics:
- Business Process Management
- Tags:
- CFO Publishing Corp.,
- Finance,
- Financial,
- Financial Accounting,
- Financial Analysis,
- Productivity,
- Spreadsheet
- Source:
- CFO Publishing
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Overview: From the executive summary: ‘Pressured by senior management and boards of directors to produce more detailed budgets, forecasts, and performance data, while seeking a longer term view of the financial horizon, many finance executives at midsize companies have re-evaluated their reliance on spreadsheets for planning, budgeting, and forecasting. Many of the financial analysis problems, endemic at large, include finance's need to cut costs and drive profitability, to make financial reports more transparent, and to partner with operating units in business planning. Many of such problems are prevalent in smaller companies.’ The paper examines this issue in detail.
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Format: HTML | Date: Jun 2004 | Pages: 3
