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Alternatives To The Spreadsheet

Friday, January 21, 2011

The traditional spreadsheet--the original business analytics tool--is being replaced as business intelligence technologies proliferate in an era of globalization and collaboration. Computerworld's Sandra Gittlen takes a look at the spreadsheet alternatives that several companies have recently adopted.

The old data maintenance and analysis routine at the Thule Group may sound familiar: "We had one person in accounting who kept all the data as up-to-date as possible, including departmental expenses that outlined the costs of running the factory," said Mark Cohen, vice president for Finance at the Thule Group. "However, it wasn't unusual for it to take a week to consolidate cross-company information, and it wasn't unusual to discover that what managers were looking at wasn't the final spreadsheet," he told Computerworld.

Article sourced from www.fiercocio.com, click here to read full story.

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