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Now finance teams can quickly build dynamically refreshed management and financial reports directly within Microsoft Excel, Word, and PowerPoint. With the click of a mouse, data can be instantly refreshed directly within MicrosoftOffice applications. No manual data entry. Yes, you read that correctly.
Lack of Security Features Excel may be an easier target for hackers due to inadequate encryption features for protecting your sensitive business information, such as identifiable details and confidential financialdata. Even with password protection, your critical information is still vulnerable.
In addition to the well-known MicrosoftOffice suite, many departments and teams use other tools that automatically generate data: For task organization, marketing activities, customer relationship management in sales or enterprise resource planning in production.
Excel may be an easier target for hackers due to inadequate encryption features for protecting your sensitive business information, such as identifiable details and confidential financialdata. According to a study by Cisco, Excel is one of the top MicrosoftOffice formats that receive malicious file extensions.
” According to Madhusudan, corporate spend management is an issue of data. With ePayments on the rise in the market, access to payments and financialdata is increasing. “No employee would feel great about data entry.” So much so that people believe nothing can be done to improve this process.”
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