Spreadsheet Templates. Thursday , March 01st , 2018 - 16:02:45 PM
Consider two major systems that this information is collected. Theres an increasing body of research showing the issues connected with using spreadsheets inside the finance department. Which may be fine and dandy, spreadsheets might not be the very best system to make use of inside the finance department. However, a acceptable alternative is not presented for using spreadsheets, and therefore the study into using spreadsheets is of little practical value towards the finance world in particular. The issue still remains
Spreadsheet documentation provides benefits much like traditional systems documentation, facilitating change management, understanding transfer between staff, and business continuity. Furthermore, the entire process of documenting it provides an opportunity to examine the style of the spreadsheet and surface computational issues -- before an auditor finds them first -- in addition to inefficiencies and inconsistencies.
Next, justifications of spend. Obtaining and applying technology requires funding and also the benefits arent easily quantifiable in financial terms nor could they be immediately felt. Most projects require hard number paybacks inside the year to be able to justify the expenditure. With data precision, easy analysis and employ in addition to timeliness because the primary benefits of OLAP, its frequently hard to justify the spend.
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