While we tend to think of large financial institutions or insurance companies as being the most impacted by costly spreadsheet errors, the pervasiveness of Excel means that all companies are vulnerable. Take, for example, British clothing company Joules, who made inventory decisions based on a faulty spreadsheet and lost out on potential profit. Excel is a powerful platform that gives companies the ability to create bespoke process automation, so its no wonder spreadsheets do everything from modelling to reporting to analysis that drives senior decision making. Spreadsheet oversight is crucial to ensuring your critical business processes are reliable.

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