Treasurers Wasting Thousands Of Hours On Spreadsheet Cash Management

July 24, 2018

Corporate treasurers in the U.S. and Europe are wasting thousands of hours a year relying on manual spreadsheets to manage cash, according to a new survey from Kyriba. The company said in its official blog that it estimates treasurers waste 4,812 hours every year using manual spreadsheets, basing the calculation on a survey of more than 100 companies.

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