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Confessions of a Finance Manager

Confessions of a Finance Manager

Published by: Research Desk Released: Jul 09, 2019

No one ever said spreadsheets were the best way to run a business. In fact, an over-reliance on them contributed significantly to the demise of energy giant, Enron. An analysis of 9,120 spreadsheets from the company’s archive revealed that that almost one-quarter (24 percent) of those with formulas contained errors.1 Seven hundred and fifty-five spreadsheets contained over 100 errors each.