The Problem With Spreadsheets, Part 2: Where Did We Go Wrong?

It’s easy to dot the “i” and cross the “t”, but not always as easy to remember to carry the one when working on a mathematical formula in spreadsheets. You often don’t see the formulas when scanning through pages and pages of financial figures. Then, as cells are connected to other cells on additional spreadsheets, mistakes can be deeply buried for few to find. Before you know it, you could be heading in the wrong direction.

Spreadsheets are as popular in an office building as the water cooler down the hallway. As spreadsheets grow and become more complicated, the risk for mistakes grows just as quickly. One miscalculation or poorly formed formula can be carried through a series of spreadsheets resulting in bad data leading to bad decisions, leaving you to wonder ‘where did we go wrong?’.

An Enterprise Resource Planning (ERP) solution can help you stay on the right path as well as protect your business data. An integrated business management solution, like NetSuite ERP (http://www.netsuite.com/portal/home.shtml?partner=37257, can safely collect and connect your important business data. You can monitor finances, supply chain and inventory, sales and shipping, and other core business operations from this single, integrated solution without needing to refresh your math skills. This solution automatically shares data between core business functions, without the need for your IT team to create formulas or connect cells between spreadsheets. As a result, you can rely on your data and use it to make swift business decisions. NetSuite ERP also introduces time-saving automation that you simply can’t have in spreadsheets. You can enter data once and with just a few clicks, change sales orders into invoices. This can significantly save you time from re-entering data that is already in the system and protect you from typos or miscalculations when calculating invoice totals or tax rates.

You don’t need to scratch your head in wonder about whether your data is right or not when you have a reliable business management solution, like NetSuite ERP. Protect your data and your business from spreadsheet mistakes. Contact Kraft Enterprise Systems, LLC for more information about staying on track and how you can get headed in the right direction with NetSuite ERP.

By Kraft Enterprise Systems, LLC, a Tennessee NetSuite Solution Provider