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    07 / 11 / 2016

    Spreadsheets in Finance: Manual rollups, errors, needless complexity, and simplistic reporting

    Eliminating the Risks of Spreadsheets in FinanceWe've posted before about the dangers of Excel-based reporting and other spreadsheet pitfalls in finance and accounting. Spreadsheets are an indispensable tool for some personal productivity and job functions, but they can be a hindrance to effective processes and controls in finance and accounting departments.

    We'd like to share a short whitepaper on the subject from Ventana Reasearch, a benchmark business technology research and advisory services firm. The paper includes information about the effects of using spreadsheets on revenue recognition, month and year-end close, consolidations, and time and expense management.

    Download this free white paper to gain a clear understanding of:

    • The risks and limitations of spreadsheets within financial processes
    • How cloud ERP software accelerates the monthly close, improves time and expense management, and automates revenue recognition processes including preparation for the transition to ASC 606
    • Practical steps organizations can take to eliminate spreadsheets and operate more efficiently

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    Baker Tilly curates, integrates, and optimizes the right technology stack for your organization. We layer in our own proprietary “last mile” solutions. And we offer these technologies either via a Software-as-a-Service delivery model, where your own Finance function manages the day-to-day use of the technology, or via a Finance-as-a-Service delivery model where we run your accounting operations and provide the outcomes you need. Here are some additional resources that may help you find solutions for your challenges. Or schedule a discussion to go over your needs and goals now.

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