6 Key Benefits of Using BI Platform over Spreadsheets 1. Lower Cost 2. Efficiency 3. Breadth of Data and Accuracy 4. Productivity 5. Collaboration 6. Security

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Companies spend countless hours every month developing and updating those spreadsheets used for
measuring business performance and driving strategic decision-making.
Although spreadsheets have proven themselves as useful productivity tools for individuals, they are also
error-prone, even for experienced users. The more data sources to work with and more formulae you
put into a spreadsheet - the ‘larger’ the spreadsheet gets and the greater the chance for human error.
Mechanical Error
Inputting, typing, copy/paste errors which may appear small but can fundamentally impact the integrity
of the entire model as the complexity of the spreadsheet grows
Logic Error
Flawed calculations generated from inappropriate or incorrect formulae
and algorithms
Omission
One of the most common and most difficult to spot errors is where data is
simply not incorporated in the first place
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There are primarily 3 types of commonly seen errors when using spreadsheets to do analysis:
Source: https://barcanet.com/88-spreadsheets-contain-at-least-1-error/
Did You Know 88% Spreadsheets Contain At Least 1 Error?

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WHAT IS THE BETTER WAY?

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6 Key Benefits of Using BI Platform over Spreadsheets
4Lower Cost1
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Efficiency
Breadth of Data
and Accuracy
Productivity
Collaboration
Security

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Lower Cost
No ongoing
maintenance costs
No reliance
on a dedicated IT team
Easy to scale up
per business and analytical needs
No up-front investment
in software licenses and hardware infrastructure
Cloud-Native
BI Platform

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Efficiency
No longer rely on IT
because you don’t need to know
programming or build data models to
get to the analysis you want
Create ad-hoc analysis by yourself
to obtain just-in-time business insights
based on the data you choose

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Slice and dice your data to easily get the
answers you need
Centralize data and analytical logic to
guarantee a single version of the truth
Bring in data from as many data sources as you
need to build more customized and
comprehensive analysis
Breadth of Data and Accuracy

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Real-time insights whenever
you need them
Analysis accessible anytime,
anywhere
Productivity
You don’t have to be sitting at
your desk in order to work with
your data. You could be in the
field and sitting with your client.
You can be anywhere you need
to be in your business to use the
business intelligence.
Kathleen Douglas
Executive VP of Global Sales & Alliances
▲ Live Chart:
Monitor Website Traffic

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Empower your team by
allowing collaborating via tasks
Automate your process by facilitating automatic
alerts and scheduled distribution of reports
Collaboration

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Ø Build your analysis logic once and use access control to determine who sees the data
Ø Users across multiple departments work on the same set of data and analysis through tiered granular
access control
User and role based data access control at
individual record level
User authentication and authorization at
the application level
Customer settings and features available at user
and role level
Application Level
User Level
Record
Level
Security

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