New findings show the 35-year-old digital spreadsheet is proving to be error prone and costly. A widespread tool, Microsoft’s Excel spreadsheet product is ubiquitous across industries and still widely relied upon by governments, law firms, investment banks, research labs, academic organizations, nonprofits and more, with...
Airtable, a spreadsheet startup, ended a funding round with a new valuation of $2.5 billion, according to Bloomberg. Thrive Capital led the $185 million round, while existing investors Benchmark and Coatue Management, among others, also participated. The effect was to more than double Airtable’s $1.1...
The spreadsheet is the bane of many corporate finance professionals’ existence. Inflexible and error-prone, spreadsheets provide limited functionality for a multitude of teams in the back office. For accounting and treasury management departments, the spreadsheet’s drawbacks can lead to detrimental impacts on corporate bottom lines....
Chief financial officers (CFOs) often have a love-hate relationship with their enterprise resource planning (ERP) systems. They’re a staple of corporate finance and, as of recent years, are accelerating their shift into the cloud. As such, the ERP system can now play a more flexible...
November 30, 2022
New findings show the 35-year-old digital spreadsheet is proving to be error prone and costly. A widespread tool, Microsoft’s Excel spreadsheet product is ubiquitous across industries and still widely relied upon by governments, law firms, investment banks, research labs, academic organizations, nonprofits and more, with a list that goes on to span nearly every organization […]
September 14, 2020
Airtable, a spreadsheet startup, ended a funding round with a new valuation of $2.5 billion, according to Bloomberg. Thrive Capital led the $185 million round, while existing investors Benchmark and Coatue Management, among others, also participated. The effect was to more than double Airtable’s $1.1 billion value from 2018, Bloomberg reported. Airtable, competing with Google […]
