"Perhaps the biggest flaw in the reliance on spreadsheets is the amount of time spent maintaining them, leaving only a fraction of time for detailed analytical work".

According to Oracle research, 62% of organisations stated that their employees who uses spreadsheets felt “buried in basic duties with little time for more analytical work”.

Many organisations are now looking to modernise these processes in order to improve accuracy and efficiency.

Investing in your planning and forecasting systems is a proven method to reduce time spent creating management reports and planning.