The ACCA found that more than 90% of spreadsheets contain serious errors, while more than 90% of spreadsheet users are convinced that their models are error-free. While there is something both humorous and frightening in this statistic, it is also representative of the cognitive dissonance causing stress for accounting professionals today.
A recent global survey of more than 1,500 respondents found that the majority believe their finance and accounting processes are best-in-class. Yet, respondents reported that the complexity of F&A processes, largely held together by detailed spreadsheets, increases the risk of using inaccurate financial data to drive business decisions
Join this webinar to
Learn the costs of traditional manual accounting processes
Hear how spreadsheet-based processes increase the risk of inaccurate financial data
Understand why scaling and preparing for the future requires thinking differently about F&A activities
Review a modern accounting approach that helps organisations perform accounting work quickly, accurately, and with more control