Treasurers: Ditch Excel and free-up your day

Corporate treasurers should leave labour-intensive spreadsheets alone and release release time for more strategic activities. It’s time to cut the apron strings, argues Kyriba director Tim Wheatcroft.

 

Despite the widespread availability of dedicated tools, spreadsheets remain a fixture in many corporate treasury departments. Yet failing to automate essential activity such as cash management and forecasting could not only limit productivity, it also reduces the strategic analysis and input they can provide.