Blue Hill Research recently published a research paper about the use of spreadsheets to manage compliance and risk requirements. You can read the full report here…
Their findings confirm what we hear from our clients: they tie organizations to manual processes, they limit collaboration, and they can’t scale. While Excel might seem like a low-cost solution, it comes at the expense of a centralized, automated and traceable risk intelligence plan. (Not to mention a lot of headaches and inefficiency for staff.)
Forward-thinking executives understand the need for real-time data, automated processes and effective controls to deliver relevant risk reporting. That’s something you just can’t do with manual spreadsheets.