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Where Excel Excels

As they deploy treasury management systems, companies can leverage spreadsheets both to ease the transition for employees and to maintain agility in data analyses.

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Although more sophisticated software has been around for decades, many treasury functions continue to rely primarily—or even exclusively—on spreadsheets such as Microsoft Excel. Currently, more than half of companies (51 percent) use spreadsheets as their only treasury technology, according to research firm The Aite Group.

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