Excel Facts and Stats
Here’s a shocking statistic; Almost 90% of Excel spreadsheets have errors in them! The actual figure stands at 88%, but that’s still a crazily high number for a piece of software that is used around by more than a billion people all over the world.
If the odds of your ship sinking while on a cruise was 88%, how many of you would take holidays in anything but a car or plane?
Only a few years ago, a well to do bank in London lost investors billions of dollars, which led to one Forbes reporter to claim “Microsoft Excel might be the most dangerous software on the planet”. Not really an accolade you would be aiming for in business, and one that would be hard to forget.
Unbelievably, the bank was simply copying and pasting data from one spreadsheet to another, and that’s how the issue occurred. Even a simple Google search for “Problems with Excel” displayed over 19 million results! Ouch, talk about a house of cards!
Why are Excel Spreadsheets so Popular?
Excel spreadsheets are more and more turning into a disease that is plaguing small business operators the world over because of a few simple reasons:
- They’re easy to use
- They come bundled with office software
- They’ve been available for what seems like forever
- Everyone uses them
You might think your business is in the clear, and if you only use one or two spreadsheets with a couple of tabs, you could be alright… (88% says you probably aren’t). Put aside for a minute the calculations you entered being wrong, exports from multiple business software systems contains incorrect figures, and the time wasted with staff duplicating data.
Think about how it’s a recipe for disaster. Your business can’t afford it, and you don’t have to.
Alternative to Excel Spreadsheets & Data Duplication
Accentis Enterprise gives you the freedom to do away with your spreadsheets, and consolidate your data into a fully-integrated business management solution.
Start saving valuable time and money by being able to utilise reports instantly. From within the software that records all your data the first time, and shares it to reports and modules as needed, all in the one program.
Spreadsheets are great for beginners, but when it comes time to save money and use real business software, you need real business solution.
Accentis offers much more than just a replacement for your Excel spreadsheets though.
With a powerful double-entry accounting system baked into an ERP solution, you get access to Payroll, Time and Attendance, CRM, Manufacturing, Inventory, Fixed Assets and more. And, we also offer an amazing 12 months interest free payment plan, just to help you on your way.
So if you’re in the market to replace your spreadsheet program with something more robust, contact us today so we can arrange a time to show you even more benefits of utilising Accentis in your business.
What have you got to lose, a few billion dollars?