Large financial institutions or insurance companies as thought of being the most impacted by costly spreadsheet errors. However, the wide spread use of Excel means that all companies are vulnerable.
Only Human
This post is part of our Only Human series where we highlight human error in spreadsheets and other end user computing (EUC) tools that negatively impact organizations.
For example, British clothing company Joules made inventory decisions based on a faulty spreadsheet and lost out on potential profit during the key retail holiday season.
Excel is a powerful platform that gives companies the ability to automate processes. It’s no wonder spreadsheets do everything from modelling to reporting to analysis, which may ultimately drive decision making by senior management. Spreadsheet oversight is crucial to ensuring your critical business processes are reliable.
Learn how Apparity helps lower organizational errors by managing spreadsheet errors and other end-user computing (EUC) errors.
