The 4 Myths of Using Spreadsheets to Manage Your Back Office

Posted by Jocelynne Haslett on 11/27/17 1:29 PM
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Are You Using Spreadsheets to Manage Your Back Office?

If so, have you considered the opportunity costs of doing so? For a growing brokerage, using a tool like Excel to manage office finances and administration may not only be inefficient, but risky too.

Did you know that:

  • 88% of spreadsheets contain some type of error (Harvard Economics Study)
  • 80% of businesses that don’t survive cite poor cash-flow management as a primary reason. Spreadsheets can’t accurately predict cash flow. (http://synergystrategies.com/leadership)

Download The 4 Myths of Using Spreadsheets to Manage Your Back Office Infographic to learn the facts about the cost, usability, adequacy and security of using spreadsheets to manage your office administration.

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(Click to download)

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Topics: Office Management, back office, opportunity cost