"EQUS enables improved user understanding as well as greater formula integrity of calculations made in spreadsheets
," said Dr Chris Roast, of Sheffield Hallam University and EQUS's technical lead.
The risks posed by the spreadsheets
and other end-user computing (EUCs) solutions that power business-critical processes require a robust management policy, supported by appropriate technology.
These seamlessly produce the controls, quality, accuracy, efficiency and auditability features accountants love so much and which spreadsheets
will simply not be tolerated to deliver.
for analysis of controlled trials, crossovers and time series at the Sportscience site are based on reducing repeated measurement on each subject to a single effect (usually a change score).
The ultimate goal is to have a spreadsheet
that produces accurate results, but as worksheets grow in size and complexity, ensuring accuracy becomes more difficult.
y g However, there are limitations, spreadsheet
users trying to share one copy of data can rapidly get out of synchronisation, losing
By integrating Truenumbers, enterprises can virtually eliminate the existence of unverified data, and allow end users to turn risky spreadsheets
into reliable system of record with traceability and auditability better than any database system.
EVEN MORE than it has in the back office, the spreadsheet
has been a workhorse for the front office.
As a matter of fact, the same ClusterSeven study found out that more than half of C-level executives surveyed rate spreadsheet
risk - the risk of serious financial/reputational loss from poor management of corporate spreadsheets
and databases - as either 'very serious' or 'serious'.
* Click on Vehicle Recovery Formulated Spreadsheets
Run those percentages against a million-$ cost center with just 10 sales reps, and it is easy to see how managing commissions on spreadsheets
can end up costing a company significantly in over- and underpayments.
According to Incisive, Locator uses flexible and configurable user-defined attributes and priorities, and helps organizations identify their riskiest spreadsheets
and offers transparency into its calculations so its results are trustworthy.