Remove Data Analysis Remove Financial Data Remove Securities
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How Excel Spreadsheets Can Create a Data Security Risk for Businesses

Centage

The familiarity of spreadsheets and their ease of use mean many employees are happy to keep working with them, even though they may create serious security risks. Below, we’ll analyze Excel spreadsheets security problems that come with spreadsheets and how implementing software can be a more effective solution.

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How Excel Spreadsheets Can Create a Data Security Risk for Businesses

Centage

The familiarity of spreadsheets and their ease of use mean many employees are happy to keep working with them, even though they may create serious security risks. Below, we’ll analyze Excel spreadsheets security problems that come with spreadsheets and how implementing software can be a more effective solution.

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Today’s Business Budgeting; Can Your Spreadsheet Software Keep Up

Centage

Compounded over many rows, even a simple mistake can lead to faulty financial data. Large or small business that use spreadsheets are taking a risk: Boeing leaked employees’ personal data in a hidden spreadsheet column. Siloed financial data can lead to false assumptions because insight isn’t based on a complete picture.

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Fulfilling CFOs' future roles

Future CFO

Ho notes that CFOs, with their wider lens, can lead a team to draw insights from data to address specific strategic needs. There is a clear distinction between data analysis for analysis sake (e.g. CFOs will find it even more challenging to move into the space of non-financial data and customer data platforms."

CFO 86
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Seizing opportunities in finance

Future CFO

Now, beyond interpreting financial data, we’re now also embracing sustainability reporting and assurance – a rapidly growing field." While we need accountants with a strong foundation in accounting principles, data analysis skills, business acumen, we also need them to have a willingness to adapt to constant change.

Finance 104
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AI in the finance function

Future CFO

Robert E Parker "As we look forward to the developments in AI, finance leaders will be in a better position to uncover hidden opportunities and risks and step beyond using structured financial data by utilising data from across organisational silos enhanced with data from outside the organisation."

Finance 98
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The Treasury Function Gets Strategic

Global Finance

That means corporate treasurers are collaborating closely with other business units and leveraging data and analytics to supply critical insights into finance and risk issues and improve cash flow. By tapping into advanced analytical tools, treasury teams can uncover far deeper insights from their increasingly vast volumes of financial data.”