Businesses across the broad spectrum of industries, no matter their size, have the need to gather, manipulate and compute more and more data at an alarming rate. The challenge for these businesses is to turn all of this data into timely information that will inform, guide and support their planning and decision making.
Over time, departments and divisions within the businesses develop their own processes to address their needs. Common throughout these processes is the use of spreadsheets and in particular the use of Microsoft Excel – the tool of choice around the world. Over the years, it has risen to the top and for good reason, there is no other way to approach these business problems. There is no other technology available that comes close to its power, flexibility, ease of use and adoption by users. Microsoft believes that there are more than 500 million users world wide and growing.
Excel based processes typically involve a sequence of steps with varying degrees of manual manipulation of spreadsheets. Depending on organizational or departmental needs, these processes are repeated as required or in many cases, as time permits. The processes can be weekly, monthly, quarterly etc.
You will see these Excel activities in business departments including: Operations, Production, Sales & Marketing, Human Resources and Finance & Accounting to mention a few. The annual budgeting process is a great example of a lengthy, manually intensive, email dependent, Excel-based business process used by many organizations today.
These processes lead to the explosion of Excel spreadsheets throughout the organization and create a significant challenge in managing the spreadsheet chaos that results.
We embrace Microsoft Excel as the foundation for providing business users with the power they need to get the results they are after. Combining Excel based OLAP technology reduces spreadsheet chaos while providing multi-dimensional analysis functionality. The result enhances the business user’s knowledge and ability to address their analytical and reporting needs. It also eliminates repeated manual manipulation and human error; creates dynamic results in shorter time frames while creating the opportunity to test more scenarios to enhance critical decision making.