Spreadsheet Risks in Banks
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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
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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.