iBroker Blog

The 4 Myths of Using Spreadsheets to Manage Your Back Office

Written by Jocelynne Haslett | 11/27/17 6:29 PM

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.

(Click to download)

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