Finance execs still use spreadsheets despite siloed-data risk

09/25/2013 | CFO.com

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Corporate-tax executives still stand by that stalwart tool of a spreadsheet, according to a survey by PricewaterhouseCoopers and the Manufacturers Alliance for Productivity and Innovation. The survey found that more than 60% of tax executives continue to use spreadsheets as a provisional tool. The practice could lead to a financial system consisting of disjointed and siloed record keeping, the report says.

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