article thumbnail

5 Excel-heavy Pain Points still Dragging down finance teams in 2024

The Finance Weekly

A finance director at a large niche pharmaceutical company told us: “We have a lot of manual processes and inputting and that type of stuff which I am trying to get away from. One workaround found in cumbersome financial reporting processes includes using old legacy Excel-based financial models.

article thumbnail

Transcript: Joel Tillinghast, Fidelity

Barry Ritholtz

Joel Tillinghast : 00:06:05 [Speaker Changed] So in the summer, I got a job with Drexel in their institutional financial futures division, headed by a brilliant man, Richard Sandor, who some people called the Father of Financial Futures. He developed the Ginnie Mae contract, which at one time was a big thing in treasury bond contract.