Over the past few decades, Enterprise Resource Planning (ERP) software has grown to become an indispensable part of the modern business world. Products such as Oracle, SAP, and Microsoft Dynamics are almost ubiquitous now: according to the Aberdeen Group, over 70% of Fortune 1000 companies have implemented such systems, and
Conventional spreadsheet applications like Microsoft Excel are fine for small businesses with simple billing procedures and uncomplicated revenue streams. Spreadsheets may be time-consuming to manage, but they’ll carry out the required calculations and provide you with straightforward data.
In many ways, spreadsheet applications like Microsoft Excel are the backbone of the business world. With a little ingenuity, they handle everything from project management to employee expenses — the ideal tool for companies that may not be ready to commit to a full-blown ERP system.
