Spreadsheets are a beloved tool used by finance and accounting professionals everywhere. However, they can become a crutch when they are overused. Spending hours manually entering and manipulating data on spreadsheets can result in errors, time spent on low-value activities, process delays, and breakdown of internal controls.
Manual processes are not sustainable and makes it difficult for companies to grow and scale. Spreadsheets will always have a place in the world of finance - but without automation of key financial processes, spreadsheets can quickly become a liability.
Read the eBook now for tips and best practices on automating the following processes:
- Billing & collections
- Tax calculations
- Invoice matching
- Reconciliation