Treasurers Wasting Thousands Of Hours On Spreadsheet Cash Management
PYMNTS
JULY 23, 2018
Using Excels spreadsheets to analyze daily global cash positions is the largest time-waster, analysts found, noting that this process alone wastes 1,296 hours a year. Treasury-related accounting tasks, payment fund transfers and cash flow forecasting are also top time-wasters for treasurers relying on spreadsheets.
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