Spreadsheet Risks in Banks

No other industry perhaps handles such large volumes of critical financial data more than the banking industry. For decades now, spreadsheets have become permanent fixtures in the front-line reporting tool sets of banks, providing organised information when and where needed. But as banks enter into a period of heightened credit risks, elevated levels of fraud, […]

Disadvantages of Spreadsheets

Spreadsheets have become so ubiquitous, that they’ve found their way into a wide range of applications. Unfortunately, organizations? heavy reliance on spreadsheets have made these User Developed Applications (UDA) into high-risk office tools.