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Spreadsheets Still a Crutch in the Financial Reporting Process

Explore Article (Jun 25 2012)

Despite all of the sophisticated tools at their disposal, CFOs and other finance executives still rely on spreadsheets when it matters - at financial-reporting time.  More than 70% of the 1,100 global executives interviewed in a survey by Oracle and Accenture said they used spreadsheets to track and manage financial reporting on a daily basis.

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