Financial Freedom
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Making use of Excel or any spreadsheet program effectively is an essential part of gaining financial freedom. Unfortunately many mistakes can be made while using the spreadsheets. This means that when you base important decisions on the information in the spreadsheets, you also risk losing the financial freedom gained over a period.
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Research indicates that in more than 79% of spreadsheets, at least one critical mistake appears. The solution is not to throw out spreadsheets as accounting, control, and recording tools, but to get a tool that can easily identify mistakes made in the spreadsheets. One such a tool is that of Spreadsheet Professional.
Although errors in formulas and input occur in spreadsheets on a daily basis, identifying the errors is not that easy and it takes up valuable resources and time to do so. As a combination of tools to identify and correct spreadsheet errors, develop and test your spreadsheet models, Spreadsheet Professional has no equal on the market.
Benefits of using Spreadsheet Professional:
- Inexpensive software that can be used across the company.
- Makes it possible to quickly identify complex formula mistakes and rectify them.
- Inexpensive tool for auditing spreadsheets.
- Reduces costs of mistakes and thus contributes to financial freedom.
- Increases productivity of personnel by reducing the time it takes to find and correct mistakes.
- Improves modeling capabilities of the spreadsheet developers.
The main features that make the software program so usable for small and large enterprises include:
- Makes it possible to quickly assess the consistency of formula usage across several spreadsheets.
- Reporting of errors can be used to track mistakes.
- Compatible with all Microsoft Excel spreadsheet models.
More information on Spreadsheet Professional is available from Miricle Solutions. You can also get free access to Excel tools and training to help you gain more financial freedom.
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Through the provision of centralized access to accounting records
contained in spreadsheets for a specific group, the confidentiality
of the data can be protected. This is made possible with features
allowing view rights restrictions and making sure that the copy
shared is always the most current one.
Excellent Control
The Excel Server control provides more consistency for information
sharing and updating within the enterprise. Delivering performance
is increased and through automatic refresh functions the latest
version of a spreadsheet can be seen.
Contact and sharing through database functionality
Excel has gone one step further to improve access and importation
of data into spreadsheets. It is now possible to access data and
use it in the spreadsheets without knowing all the data sources.
The enterprise IT division can make a set of databases available
to the employees, which can be accessed through the Data Connection
Library. This makes it possible to use the vital sources and import
the required data into specified spreadsheets without passwords.
Accounting records contained in spreadsheets can also be managed
through snapshots. Although the snapshot has the same look as the
original copy, it only holds the values and format of the original
one. Formulas and confidential or restricted properties are hidden.
The value of the snapshots view is in sharing information with clients
in a secure form without compromising sensitive information. It
is also the ideal tool to use in analysing data for the purpose
of trend identification and compiling reports.
With the SharePoint Server 2007 an additional benefit is gained
in Excel; that of View Item Right, which restricts the execution
of files available on the server and access in the snapshot view
to hidden values and formulas contained in specific sections of
the spreadsheet. This is especially important to protect sensitive
information contained in accounting records. It prevents the downloading
of a whole spreadsheet by clients. This is an improvement in security
and safeguarding of enterprise intellectual property. Even with
the restriction in place, interaction is still possible and users
can still view the required data through a web browsing facility.
Uploading spreadsheets to share on SharePoint Server 2007
The new version of Excel and the provision for uploading data to
the SharePoint Server holds several advantages for the users and
the enterprise alike:
- Secure publishing since Excel Services makes files available
- held in the administrator folders. The list of locations where
the files are stored is provided to allow SharePoint Server to
make it available.
- Control is maintained when documents are published to the SharePoint
Server through access restrictions to parts of sheets within spreadsheets.
- Simplification of the maintenance for specific data connections
through the Data Connection Library is obtained.
Reporting enhanced
Excellent report management is available that enables clients and
or colleagues to view specific information contained in the spreadsheets
while the company intellectual property is still safeguarded. It
is possible to select which cells to publish so that the required
information can be shared.
Obtain feedback
After you have created the spreadsheets, they can be forwarded
to colleagues for feedback via electronic mail. If you need feedback
urgently, you can also make use of the review workflows application
available on the SharePoint Server and Excel. To do this, simply
select the relevant SharePoint Server workflow in Excel. Tasks are
created for all the participating persons and they are notified
of the attachments needing review. Once received, they can update
their status in the completion form supplied.
If your company makes use of Excel as part of its daily functions,
visit the Audit Excel site on a regular basis where Miricle Solutions
provides innovative solutions to risks associated with spreadsheets
usage, including the sharing of accounting records in Excel spreadsheet
formats.
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