A well-known international consumer brand has partnered with ClusterSeven to deliver enterprise spreadsheet risk management, to enhance data governance, address potential process control gaps, and mitigate spreadsheet risk. The dynamic, high volume market in which it operates necessitates the use of spreadsheet-based management and reporting models to bridge what the gaps in corporate IT systems. These spreadsheets are pervasive and provided budgeting, cash flow forecasts, reconciliation calculations and reports, for example, using data feeds from the firms ERP system.

The Internal Audit department has implemented ClusterSeven’s CSM solution to provide a framework to assess, and highlight risks in its business-critical spreadsheets.

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