We all use spreadsheets. They are familiar accessible, and the de facto standard in Finance departments. Some 9 out of 10 companies use spreadsheets to manage their long-range and strategic planning. And 8 in 10 use spreadsheets for direct and indirect tax provisioning as well as treasury management. Excel is hands-on; it enables executives to feel in control of the numbers they are crunching. With 500 million users worldwide, Excel is inexpensive, convenient, and as widespread as it gets. It offers the flexibility to make changes quickly and easily, and its functionality is intuitive enough for beginners, yet advanced enough for power users with more complex needs.
Every company requires cash to maintain financial flexibility, secure growth opportunities and remain competitive.