Using Excel in business critical operations is risky to the point of recklessness.
Phocas have just published an article highlighting seven problems with spreadsheets. The problems are
- susceptibility to human errors
- difficulties in troubleshooting
- lack of agility
- lack of collaborative features
- lack of support for rapid decision-making
- degree of complexity for the average business user
- security risks
See the original article for details.
