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Confessions of a Finance Manager

Confessions of a Finance Manager

oracle
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 onequarter (24 percent) of those with formulas contained errors.1 Seven hundred and fifty-five spreadsheets contained over 100 errors each.