Effective spreadsheet management

One of the realities of the modern corporate world is the reliance on spreadsheets for managing business critical data and information, but can using Excel be a prescription for disaster?

Excel is the first language of financial services and everyone in the chain of command is fluent. The integrity of the entire information chain may depend on an organisation’s effective spreadsheet management. As a result, spreadsheet management is receiving increased focus within audit and risk management agendas. So when does Excel stop being part of the solution and start being part of the problem?

We take a look at some of the benefits and risks of spreadsheets that every business should consider.