Unless you’re a data scientist or a spreadsheet junkie, going through multiple rows and columns of numbers is pretty stressful. However, it’s difficult to deny that all kinds of organizations use Excel spreadsheets to analyze data and generate reports.
Spreadsheets aren’t perfect though and there are times when spreadsheet errors cause scenes straight out of a horror movie! Here’s a rundown of five of the most terrifying spreadsheet mishaps people commit:
1. It takes just one click to create a catastrophe.
Spreadsheets are prone to human error. Once you click the wrong formula, type the wrong character or simply overlook a mistake, you are destined for days or even weeks of hunting and correcting errors.
2. You get lost in the templates of doom.
Let’s say a manager of a company’s finance department creates a budgeting template and sends it to everyone on his team. But during the filing of the monthly consolidation report, the manager starts to go crazy looking through spreadsheet after spreadsheet of edited templates – maybe someone added a row at the bottom, or someone added a new column, or someone fiddled with the formulas.
3. Document management is a challenge.
A big problem with spreadsheets is when you create a template that is shared by everyone. This process isn’t streamlined and prone to errors. Delays happen when users are both encoding and analyzing data simultaneously. Even with multiple backups, it’s difficult to track who has the most up-to-date file.
4. Excel spreadsheets just aren’t scalable enough.
Excel spreadsheets are slow to generate reports when you increase the number of processes involved in analyzing information. A growing company simply cannot rely on a performance slow-down when processing important data.
5. Issues are resolved by finger-pointing.
Auditing volumes data is not an easy task. When a spreadsheet error occurs, who should get the blame? The encoder? The person who should have audited the spreadsheet? How do you actually audit it in an efficient and fast manner?
Do these stories sound familiar? Ultimately, the problem lies in Excel’s nature as a one-size-fits-all solution. Increasingly, businesses need functions for situations that require sophisticated search queries and data sequences, provide secure online access to multiple users and ensure dependable scalability. Today’s businesses need secure cloud applications that are customized to their exact needs.
The good news is that no-code platforms like Caspio allow business professionals to build secure and scalable custom online database applications without writing a single line of code. Want to know how it works? Get started on turning that Excel spreadsheet into a sophisticated database application by scheduling a free demo today!