Digital transformation was already well underway and with COVID-19, it’s now accelerating. What was a slow jog has turned into a full sprint with companies quickly adapting processes to meet the needs of the digital economy. However, many companies are continuing to rely on spreadsheets to store risk and compliance data.
In this whitepaper, we explore 5 key reasons to stop using spreadsheets to manage risk, and the additional threats this approach to risk management subjects businesses too. We also suggest a better and yet cost-effective alternative to spreadsheets.