One simple way to improve your business’ efficiency is to migrate from Excel into a fully functioning online relational database system. If you think your business could be more streamlined, this article, listing the top five reasons for migrating from Excel to a database, could just be the thing you’re looking for.
Ok, so an Excel workbook was a quick and easy way to get started. It allowed you to store your product details, sales inventory, customer information or…
Most businesses rely on Excel to track, manage, and share their data. It’s easy to use, everybody understands it, and everyone has access to it. So far so good, but what if we told you that 94% of spreadsheets contain errors?
A study carried out by researchers at Tuck Business School found exactly that.
Their research showed that more than 9 out of every 10 spreadsheets had at least one serious error[i], and sometimes a document had multiple errors.
Is Excel right database solution?
The biggest player in the world of spreadsheets is still Microsoft Excel. Ever since it first emerged on the Macintosh (yes, Apple’s Macintosh) in 1985 and its first appearance on the Windows platform just two years later, Excel has become the go-to package when it comes to number crunching.
Despite the various pretenders to throne that have emerged since, Excel has taken its place at the top of the rows and columns when it comes to data…
What are you looking for in spreadsheet programs?
Spreadsheets have become an integral part in today’s corporate climate. They are often considered a short-term solution to fill the gaps that exist between companies needs and systems’ capabilities. In reality, spreadsheet programs are embedded in business processes and used for many years. Therefore, effective use of spreadsheets have become a key focus for enhancing compliance.
For a long time, Excel had the world of spreadsheet all to its self and it is still the widely…
There’s no doubt about it – Excel is everywhere. Used by millions of individual and businesses, the spreadsheet software from Microsoft has been used for everything from to-do lists and project planning, to financial calculations, managing inventory, and much, much more. In fact, if you can think of a business or personal task that uses data, someone, somewhere, has probably used Excel to do it.
Despite its versatility, Excel has its drawbacks, many of which stem from users trying to use it for functions it is not suitable for. While it is true that Excel is great for manipulating data, it is still unsuitable for many data tasks, especially in businesses that need to collaborate effectively.
These shortcomings have been highlighted by the recent explosion in popularity of cloud services, and the resulting impact on current business. As a tool to share and collaborate data it has a number of shortcomings, and in an age of digital crime its lack of security features can be a significant problem.