As I mentioned a while back in a blog post entitled, “Why do 80% of spreadsheets contain errors,” spreadsheet errors collectively cost businesses $11.5 billion dollars. That sounds pretty bad, doesn’t it?
It gets worse.
As it turns out, errors aren’t the only aspects of spreadsheets that waste money. In fact, if your company relies heavily on spreadsheets, you’re probably wasting money in a few different ways. How much money? Probably a lot more than you think. To learn exactly how spreadsheets waste money for a company, check out this post in our forum.