By . Inventory Spreadsheet. At Wednesday, May 12th 2021, 06:04:48 AM.
Employees in home offices, vendors based overseas, and field sales teams scattered over five continents must function and interact while disconnected from their respective corporate IT assets. By necessity, they improvise. They use the tools they know and the tools they have in common. What began as stop-gap workarounds have now become de facto standards for intra-company and intercontinental business. Outlook and Excel have become the functional core applications for 21st century collaboration and productivity. So whats the problem? Excel was designed as a personal productivity tool, but is now relied on as an enterprise-class application performing as the lynchpin to the "flat world". Every week, millions of Excel spreadsheets circle the globe launched from Starbucks, airline lounges, and office cubicles. For internal applications and data, Corporate IT enforces security, version control, user rights, backup and permissions. But Excel is out there. Its on nearly every computer worldwide and can be created, edited - and thanks to email -exchanged wherever, and whenever, theres a WiFi connection.
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.
There are two information-related walls that a young company hits while trying to grow. The first wall is what I call "spreadsheet suffocation." It is that stage of information sharing pain that causes people to start cussing. Where did you save the Johnson calculations? Who has the orders spreadsheet locked? Where did my new inventory list go? Did someone write over it? There was 2 days work in that spreadsheet! When a team of people reaches this point - whether they are a small company or a department within a larger enterprise - they need a central collaboration solution built. They may be able to buy it or they may have to build one, depending on their specific needs... but the pain of trying to collaborate is now so high that they are suffocating - a significant growth bottleneck has set in.