By . Tracking Spreadsheet. At Thursday, May 06th 2021, 05:58:18 AM.
However, as weird as that may sound, it is one of the ways that a spreadsheet can help speed things up in the office. Especially if the employee has been working on spreadsheets for a long time that making fast calculations using the cells has become second nature to him. But there are other good uses for this application. You can track revenues and expenses. That is why spreadsheets are often used by accounting professionals. Even if you are the owner of a small business, you can greatly benefit out of using a spreadsheet. Just imagine logging all of your financial data on a ledger and making the calculations and comparisons manually or even with the use of a calculator. It would probably take you hours to finish everything wherein with a spreadsheet software you can do it in just a few minutes.
You may want to create a workbook with multiple sheets for various aspects of your budget. You can have one sheet that keeps track of savings and investments and another sheet that lists your monthly bills. You may also want to track your current spending on one sheet with columns for different categories. Some individuals will list the budgeted amount in one column and then list the actual amount spent in the column next to it. Spreadsheet applications are useful for home and small businesses. Some people keep a home inventory list on a spreadsheet and others use spreadsheets for a variety of applications. Creating your budget and maintaining it is easy when you use budgeting spreadsheets. These are also easy to print out if you desire.
For example, Gartner, Inc., the worlds leading IT research and advisory company, describes business intelligence platforms as having three core categories of functionality (integration, information delivery, and analysis) and 13 capabilities (infrastructure, metadata management, development tools, collaboration, reporting, dashboards, ad hoc queries, Microsoft Office integration, search-based, OLAP, interactive visualizations, predictive modeling and data mining, and scorecards. While the technology itself is complex, many modern BI platforms are easy to use and loaded with features. For example, cloud-based BI platforms require only a Web browser, making deploying the platform a simple matter of signing up for an account and logging in. Of course, theres more to it than that. This particular tool provides users with the ability to analyze data from disparate sources and "mash it up." These mashups allow for quick and easy visual analysis and ad hoc reporting tailored to the users specific needs.