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.