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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.Recommended Stories
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Banking on Disruption: How the Financial Sector Is Keeping Pace with Change
Faced with stringent regulations, new competitors, and emerging technologies permeating the marketplace, the financial sector is evolving at a fast and furious rate, with no letup in sight. In fact, change is the only constant in the days and years ahead for the financial services sector.
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