Sunday, 4 November 2018

MS Excel Programming Can Give Businesses A Real Edge

By John Kennedy


No business, not even small ones, can operate in this day and age without computers. They are useful in many ways. Most businesses use them to conduct their banking, to communicate with clients, suppliers and employees, to control stock, to track sales and far too many other tasks to mention. But business is all about profit and profit is all about numbers. That is why numerical data is so important to any company. However, with MS Excel programming companies can even use their numerical data in ways they never thought about.

Spreadsheets are not computer age inventions. They have been in use since the very beginning, when mankind first started to master the basics of mathematics. Modern computerized spreadsheets are very potent tools. Sadly, many businesses have no idea about how to use this powerful tool to their own advantage, or worse, they do not even know just these spreadsheet programs can do for them.

Even those with no mathematical abilities at all can make very productive use of spreadsheet programs. They normally contain a wide variety of ready to use templates. Templates are documents or forms that already contain all the headings and formulae necessary to generate invoices, orders, receipts, budgets and a myriad of other business documents. All the use has to do is to fill in the blanks and everything else is done automatically.

Templates are sufficient for the needs of many spreadsheet users but this is not what spreadsheets are really all about. They are extremely powerful number crunchers and they offer advanced functions and features that can be used to create complex formulae and to build sophisticated data models that can be used to perform forecasts and to identify trends, for example. This level of use requires expert knowledge, however.

Spreadsheet programmers demand very high fees but their fees are normally worth every penny. They have to know their spreadsheet programs inside out and they must understand the purpose and workings of all the advanced functions available to them. Then they need to have excellent statistical, mathematical and analytical skills too. Professionals will also take trouble to understand the arena within which their clients operate.

Many companies simply do not realize just how valuable their numerical data records can be. They often store records simply because it is a legal requirement to do so. However, those that understand the power of spreadsheets use their data to help them make better decisions, to forecast trends, to maximize profits and to measure a host of business activities. Spreadsheet programmers can help them to achieve this.

In order to use their data to its maximum advantage, companies must take steps to introduce procedures whereby the integrity of the data is checked regularly. A programmer that is forced to work with incorrect or outdated information simply cannot produce the desired results. Programmers can advise their clients on how to make sure that the store all relevant data in an accessible manner.

Information is power and successful companies know that they can use their own data to give them a real edge over their competitors. Experienced spreadsheet programmers can help them to use this information to their own advantage. This advantage is certainly worth the fee of the programmer.




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