According to a survey of over 100 medium to large manufacturers, 92% of companies use complex pricing structures and 100% of them manage pricing fully or partially in spreadsheets. 95% of companies said they do not have access to a current exposure and coverage report and spend at least two days, and up to several weeks, creating one.
Read this e-book to understand the serious problems if your business is relying on spreadsheets
- Spreadsheets create data siloes
- Manually aggregating and analyzing data is time consuming
- Spreadsheets do not provide an accurate view of profitability
- Spreadsheets do not support comprehensive risk mitigation, reporting and audit requirements
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