Spreadsheets Are Bad for Your Health | Why Companies Need A Robust, End-to-End Cost and...
12
3csoftware. com Why Companies Need A Robust, End-to-End Cost and Profitability System Spreadsheets Are Bad for Your Business Health
-
Upload
3c-software -
Category
Business
-
view
22 -
download
1
Transcript of Spreadsheets Are Bad for Your Health | Why Companies Need A Robust, End-to-End Cost and...
3csoftware.com
Why Companies Need A Robust, End-to-End Cost and Profitability System
Spreadsheets Are Bad for Your Business Health
3csoftware.com
Spreadsheets are like chocolate
Everyone loves them.They come lots of shapes and sizes.You can get them everywhere.
But, just like chocolate… If you have too many , you’ll get sick.
3csoftware.com
Cost Spreadsheet Syndrome
The condition of depending on spreadsheets to calculate costs, value inventories, estimate profits, analyze scenarios and report results.
3csoftware.com
Most finance professionals spend an average of 18 hours a month updating, consolidating, revising, modifying and correcting spreadsheets.*
Notice that list doesn’t include valuable activities like analyzing, predicting, forecasting, or simulating.
* Source: Vendana Research
3csoftware.com
35% of spreadsheet users admit they are fully aware that the spreadsheets used to manage their most important business processes have errors.*
And we contend that the remaining 65% are just unaware that the errors exist.
* Source: Deloitte
3csoftware.com
72% of finance professionals confess that the most important spreadsheets are shared with their collegues.*
And because the contain errors, misinformation spreads through the organization.
* Source: Vendana Research
3csoftware.com
As spreadsheets evolve, particularly Microsoft© Excel, and become more complex they become more difficult to manage.*
That means more time spent on “fixing” the spreadsheet and less time for benchmarking and analyzing results.
* Source: Beyond PLM
3csoftware.com
One Version of the TruthCreate an environment where everyone works from the same data. Centralize data from ERP, finance, operations and database systems to establish a robust cost and profitability system.
3csoftware.com
Eliminate Manual Processes and Improve Productivity
An integrated, end-to-end cost and profitability system reduces manual tasks by integrating data sources, creating workflows and automating tasks. The focus shifts to value-added analytics that can guide business decisions.
3csoftware.com
See Clearly Into The Future
Spreadsheet analytics are only as good as the assumptions made and data included. An enterprise-wide cost and profitability system with a sandbox environment exposes the true impact of changing variables.
3csoftware.com
Establish Controls and Track ChangesCorporate requirements and governmental regulations dictate how financial results are calculated, managed and reported. An integrated cost and profitability solution provides comprehensive
3csoftware.com
Need Help?ImpactECS by 3C Software is a comprehensive and dynamic cost and profitability modeling platform. It combines the features and functionality of a robust financial system with the flexibility and end-user control of traditional spreadsheet tools.
Learn more about ImpactECS:
www.3csoftware.com
