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.
Drumz plc (LON:DRUM) is an investing company whose policy is to invest principally but not exclusively in the technology sector within Europe. On 4 September 2020, Drumz made an investment in Acuity Risk Management Ltd, which operates an award winning software business specialising in risk management.