8th Aug 2005
Spreadsheet-based planning: Rough road ahead
Companies spend countless hours each year developing the business plans, forecasts, reports, and analyses they depend on to drive strategic decision-making and performance management. It is critical that this information is accurate and timely, and can be easily updated as business conditions change. However, to deliver the plans and analyses they depend on, most organizations rely on the spreadsheet, a highly unreliable tool which does not allow companies to plan or manage performance with accuracy and efficiency.