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Spreadsheets are destroying your business

With an estimated 1 billion people using Excel, Microsoft has made a pretty powerful piece of software. Whether you love or hate spreadsheets ,they do have a vital role in almost every business, especially when it comes calculating data.

So, why are spreadsheets destroying your business?

The answer is simple…

1. They’re time consuming

2. They ‘re difficult to understand

3. They’re prone to errors

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Our friends over at Boston University’s MSCIS Program have researched how Business Intelligence (BI) is key for gaining a competitive advantage. In the infographic below they highlight the growth of BI to managing data and the effectiveness it has on decision-making.

If you like the infographic, don’t forget to share it!

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What’s the difference between ERP software and BI software? These are two pieces of software that are often confused, muddled up and perceived to be something they are not. What they are however are two very distinct pieces of software that do very different things.

Enterprise Resource Planning (or ERP) software doesn’t really live up to its name. In fact, does it at all? Planning, it doesn’t do much of that