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Just in Case You Haven’t Already- Here Are 5 More Reasons to Ditch Your Spreadsheets

It is impossible to get a holistic view of a business using spreadsheets, and poor visibility creates business risk. Yet, companies still cling to them even when there are many better alternatives out there because of their familiarity of the tool. The long list of cons using spreadsheets include high maintenance overhead, significant time spent by expensive finance resources performing manual input rather than real value-add, poor data management, no data integration nor Big Data support, and sub-par system performance and deployment options. There is no need for the CFO to rely on different products and separate data warehouses. Instead, they can support their new and developing needs in a single, easy-to-use, unified platform governed by finance – optimized at using data as a strategic asset to drive a “data dividend.”

Read More at The Digitalist by SAP >