Tuesday 30 October 2018

MS Excel Programming Can Give Businesses A Real Edge

By John Kennedy


The impact of computerization on the way business is conducted has been absolutely staggering during the past few decades. No business can survive any longer unless they use computers to automate many of the day to day tasks necessary to run an enterprise. They are used for communication, financial transactions, record keeping and many other vital tasks. They are especially useful to perform complex calculations and with help from an expert in MS Excel programming companies can make full use of their computing power.

Spreadsheets are not computer age inventions. They have been in use since the very beginning, when mankind first started to master the basics of mathematics. Modern computerized spreadsheets are very potent tools. Sadly, many businesses have no idea about how to use this powerful tool to their own advantage, or worse, they do not even know just these spreadsheet programs can do for them.

The good news is that even people with no mathematical skill can gain from the power of spreadsheet programs. They can use the numerous templates to quickly create professional invoices, orders, budgets and a variety of other vital documents. These templates are ready made documents that only require the user to supply the relevant information and all the calculations are then done automatically. They can even be personalized with a log, for example.

Templates are sufficient for the needs of many spreadsheet users but this is not what spreadsheets are really all about. They are extremely powerful number crunchers and they offer advanced functions and features that can be used to create complex formulae and to build sophisticated data models that can be used to perform forecasts and to identify trends, for example. This level of use requires expert knowledge, however.

Spreadsheet programmers do not come cheap. Their steep fees are justified, however, by the fact that they need to have multiple skills. They need to be able to use all the advanced features and functions of a spreadsheet program. In addition, they need to have some experience and qualifications in the fields of statistics, computer coding, mathematics and data analysis. They also need to understand the business of their clients.

Any company that has been in business for some time is in possession of a great deal of numerical data. For most companies, they are nothing but historical data. For progressive companies, however, this numerical data is a powerful resource. Programmers can use it to create very useful models to be used in strategic planning, budgeting and a wide variety of forecasts. Such information certainly can provide an edge.

Any company that realizes the value of their numerical data will take steps to ensure that this data is kept in order and that it is correct and complete at all times. If this is not the case even the most qualified programmer cannot use that data to create feasible solutions. The best course of action is to set a data audit process in place. This will ensure that every entry into the system is checked.

Information is power and numerical data can be turned into very useful information indeed. The high cost of hiring experienced spreadsheet programmers is worth it. They can use this data to give their clients an advantage over their competitors.




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