http://it.slashdot.org/it/05/04/24/1218239.shtml?tid=185&tid=187&tid=218
Slashdot: $10B Annual Tab for Spreadsheet Errors?
Posted by Zonk on Sunday April 24, @07:27PM
from the thats-a-lot-of-pennies dept.
theodp writes "According to PWC and KPMG, more than 90% of corporate spreadsheets have material errors in them. With each error costing between $10K and 100K per month, one expert estimates corporate America loses in excess of $10B annually through the misuse and abuse of spreadsheets." From the article: "The key point about spreadsheets is that you need to know which ones are critical to your business, which ones are merely important and which ones you do not have to bother too much about. Once you know that, you can start to apply appropriate policies depending on the criticality of the spreadsheet involved."
Slashdot: $10B Annual Tab for Spreadsheet Errors?
Posted by Zonk on Sunday April 24, @07:27PM
from the thats-a-lot-of-pennies dept.
theodp writes "According to PWC and KPMG, more than 90% of corporate spreadsheets have material errors in them. With each error costing between $10K and 100K per month, one expert estimates corporate America loses in excess of $10B annually through the misuse and abuse of spreadsheets." From the article: "The key point about spreadsheets is that you need to know which ones are critical to your business, which ones are merely important and which ones you do not have to bother too much about. Once you know that, you can start to apply appropriate policies depending on the criticality of the spreadsheet involved."
