A lot has been said and written about the use and abuse of spreadsheets in Finance. Consulting firms, software vendors, and the likes love to blame the spreadsheet for its risks and inefficiencies. They often promise that all those issues will magically disappear when you get rid of the ‘Excel hell’. But in reality, Excel is not that easy to get rid of.
Real estate company W.P. Carey has to provide separate tax reports for over 250 entities in 30 countries. The multinational company wants to make its tax processes less labor intensive and less time consuming. The Anaplan Tax App replaces 250 Excel-spreadsheets, which makes the processes faster and more stable.