One thing the majority of companies have in common today is their predominant reliance on spreadsheets – to track budgets, monitor quota, measure ROI, and most everything else.
Spreadsheets perform the heavy lifting in accounting and finance departments across the globe. Most accounting and finance departments base important decisions on the data they produce in their spreadsheets to help make their companies more successful.
Not only does this over-reliance on spreadsheets take inordinate and unnecessary amounts of time to prepare and analyze, but spreadsheets have also been proven to be more prone to errors. In fact, both PriceWaterHouseCoopers (PWC) and KPMG have stated that more than 90% of corporate spreadsheets have material errors in them.*
One key reason so many organizations depend on spreadsheets is that they need to collect data from a variety of different sources including disparate software systems that don’t integrate. And the information gap between the systems is usually manually entered, increasing the opportunity for error.
*Source: The Register
Join NexusTek on Wed. Aug. 20 from 9:00-10:30 a.m. Mountain Time for a complimentary presentation conducted by Brian Storrs, CPA and President of IntuitiveTEK.
In it, he will demonstrate Adaptive Insights, the only unified Business Intelligence (BI) and Corporate Performance Management (CPM) suite of software built from the “cloud up.” In this informative presentation, you will learn how Adaptive Planning can help you:
- Accelerate your financial consolidation process and eliminate days and even months of work;
- Substantially cut your planning cycle by more than half;
- Use more of your valuable time seeing the big picture and less time in the weeds;
- Spend more critical time analyzing and optimizing your business and less time gathering data;
- Make better, more timely and accurate decisions;
- Be more successful because time and energy is better utilized where it counts most – making strategic improvements to your company.
How to Register: Complete This Short Online Form; or call 303.773.6464 by Tues. Aug. 19. After registering, you will receive a link to access the webinar.