Are you still using Microsoft Excel or some similar spreadsheet software to keep track of everything that goes on at your
business day to day?
In many senses, it would be better to migrate to newer and more modern tools for business data processing. Here are some of the reasons why, things that modern execs are realizing as they try to compete in today’s fast-paced business environment.
History of Microsoft Excel
In the beginning, Excel was the standard for spreadsheets that made complex business information accessible in visual ways.
It was a little bit like the electronic version of a written ledger, those relics of the Charles Dickens era, except that instead of adding up rows and columns, the computer did it for you. That was really great newfangled technology at the time!
The Emergence of ERP
Over time, though, Excel came to be seen as somewhat of a dinosaur. For one thing, although all of the information is there on one page, it's not very readable – in terms of human intuition. In other words, it’s not presented in a way that's easy for us to take in.
In some aspects, Excel is also sort of basic. It allows for lists and some functions, but not in-depth data handling that makes the most of raw business data in the age of business intelligence and big data science. In fact, big data really changed business in a major way. Businesses started hiring engineers to use Hadoop and other data handling tools for competitive business insights. That’s not something that you can do with Excel.
Various types of ERP have emerged to fill that need. Visual dashboards and enhanced spreadsheet technologies and even Windows-based custom software programs allow businesses to tailor their technology to their needs. Business intelligence is now a big field, and has a lot of ramifications for nearly any kind of business.
Business Software Maintenance
After you’ve found a good user interface, your business is off to the races. You want to take a look at all of your licensing options, for example, single license user fees or subscription models. You'll also want to make sure you have tools that work for your staff – and think about what level of onboarding or training will be necessary. A good data handling program should be a help, not a hindrance, to your people.
Tools from Schedule0 innovate that process of keeping your business data orderly, accurate and useful. Take a look and think about how this type of new software can work for your company.