In the need to move beyond Excel, GoPro is far from alone.
Some 64% of public and private companies in the U.S. still use spreadsheets or other "manual" solutions to perform their finance functions, according to a survey of 262 financial executives conducted by the and , a specialized staffing firm.
That figure soars as high as 74% among companies with annual revenues less than $100 million, according to the survey.
But "as revenue increases, the number of full-time equivalents needed for finance increases," says Paul MacDonald, executive director of Robert Half Management Resources, speaking in a devoted to discussing the survey results. [Registration required.] Amundsen and Raymond Castonguay, senior vice president for finance at , a Toronto-based human resource consulting and outsourcing firm, participated in the webinar.