Where Microsoft Excel Fails

buggy
Your company may have spent thousands of dollars on a fancy financial application but nothing beats the comfort and familarity of a spreadsheet. They are indispensible tools for budgeting and analysis in all sorts of corporate functions like human resource, finance, accounting and the list goes on.

Now imagine among all the thousands of spreadsheets in your department what are the chances that you find errors in them? As reported in Computer World (May 2004) as much as 20% to 40% of Excel spreadsheets have errors. Some researchers would even put it as high as 91%!

Think about the odds next time you are working on a worksheet. Be very very careful.

Learn more about our Excel training program Robust Spreadsheets with Checks and Controls.

Related posts:

  1. Develop Robust Excel Spreadsheets with Checks & Controls Share The use of spreadsheets has crept into daily business operations at the highest levels. Given that many spreadsheets are developed by self taught professionals,...
  2. Control your Excel spreadsheets! ShareConsider these shocking stories on how a simple Excel error can cause you sleepless nights: A cut and paste error cost TransAlta $24 mil when...
  3. How to design a Sales Dashboard in Microsoft Excel ShareSales activity is the life blood for all businesses.  People who are responsible for sales must have their fingers on this vital pulse at all...

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!

trust

How to trust an Excel VBA application?

Share A trust worthy person should be: 1. Honest & true. 2. The person is honest and true in many different situations. 3.The person is honest and true over a long period of time. Trusting an Excel VBA application is like trusting a person. When you trust a person, you have an expectation that this [...]

Continue Reading

Just as I was about to get used to Excel 2010. Now the game changed again!

Office 15, Word 15, Excel 15 & PowerPoint 15 screenshots.

ShareIt didn’t seem too long ago that Microsoft released Office 2010 (Office 14) upon us. Continuing the Windows 8 momentum we soon will hear about Office version 15! Here’s what going to happen. According to a Bloomberg report, Microsoft plans to finish up all work on Windows 8 by summer 2012 and release the new [...]

Continue Reading

Connect with us on Social Media

Twitter
Discussion forum, directions to office, new ideas, discounts and offers.

Any questions?

  1. (valid email required)
  2. (required)