Remove Cash Flow Forecasting Remove Data Analysis Remove Financial Data Remove Reconciliations
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How Excel Spreadsheets Can Create a Data Security Risk for Businesses

Centage

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 financial data. Without separation of duties or an audit that can track who has had access to the data, fraud can occur.

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How Excel Spreadsheets Can Create a Data Security Risk for Businesses

Centage

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 financial data. Bank reconciliation: Because employees can quickly modify or change numbers, you may run into false reconciliations.