Spreadsheets are a staple of financial reporting and consolidation.
But as data becomes more pervasive and spread across different systems, spreadsheets make it increasingly difficult to manage financial data at scale.
Collecting, compiling, and validating data in spreadsheets is tedious, time-consuming, and error-prone. And reporting on financial data in spreadsheets requires extensive manual manipulation to display the data in the way that finance and accounting audiences expect.
Keep reading to find out the five quick reasons to think beyond spreadsheets for financial close and consolidation.
