Is your business reliant on Excel and Spreadsheets? If so, here are a few things that could go wrong!
Poor Data Security
Spreadsheets can store sensitive data, but they lack the security measures of more secure databases. Spreadsheets are relatively easy to access and modify without authorisation, meaning confidential data is at risk of being exposed to unauthorized users.
Data accuracy is critical to making informed decisions. Spreadsheets are prone to manual errors due to the nature of entering and manipulating data. Data can also be inadvertently modified or deleted without the user realizing it, leading to potentially serious consequences.
Spreadsheets are often shared between different users, and it can be difficult to keep track of who has the most up-to-date version. Without a version control system, users can easily overwrite one another’s changes, leading to data discrepancies and confusion.
Spreadsheets can be very large and complex, making it difficult to identify which cells contain unique or duplicate data. Duplicate data can lead to discrepancies and errors in calculations and decisions.
Limited Data Analysis
Spreadsheets are limited in their ability to analyze large amounts of data. They also lack features such as data visualization tools and predictive analytics, which can be useful for uncovering insights from data. How can you solve this problem?
You can avoid these issues by using Cloud-based software or a web application.
What is Cloud-based software / web application?
Cloud-based software is software that runs on a cloud computing platform, rather than on a local server or a personal computer. It is hosted in the cloud, meaning it can be accessed from any device with an internet connection.
Examples of cloud-based software include web-based email, online document-editing tools, customer relationship management (CRM) software, and enterprise resource planning (ERP) systems.
Are you ready to start your software development project?
Let's start a conversation about your next software / web application project by email us via email@example.com or call 0151 708 1924.
Content Automation Experiment
This article was produced using ChatGPT as a part of our content automation experiments, read more via our blog ChatGPT’s Real Superpower.