Boost Accuracy, Cut Risk, and Simplify Reporting -Without Replacing your Existing Tools Financial services firms deal with high stakes every day. Whether it’s reconciling accounts, preparing regulatory filings, or tracking expenses, every number matters. But let’s be...
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TransAlta’s $24 Million Copy-Paste Error
A Preventable Disaster In 2003, TransAlta Corporation, a major Canadian power generator, made a simple yet costly mistake. The spreadsheet error occurred during a routine task—a team member used a copy-paste function within an Excel spreadsheet. But this minor error...
The $6 Billion Excel Error
How JPMorgan Chase’s “London Whale” Incident UnfoldedIn 2012, a $6 billion loss by JPMorgan Chase shocked the financial world. The incident, now infamous as the “London Whale” scandal, was caused not by market volatility, but by an Excel error. That’s right—something...
Skills to Consider When Hiring an Excel Consultant
When embarking on a project that requires an Excel consultation, it’s essential to understand the technical skills an ideal consultant should possess. Projects often involve data flowing into Excel or from Excel to other platforms, so selecting a consultant with the...
Stop the Manual Madness! 10 Ways BPA Can Make You a Productivity Genius
Ever feel swamped with repetitive tasks, like entering data or resetting passwords? This bogs down your team and wastes valuable time. The answer? Business Process Automation (BPA)! Imagine BPA as a time machine for your workday. It whisks away those repetitive...
Big Data vs Small Data: Making Your Data Work for You
Imagine an ocean teeming with vast, intricate information that boggles the human mind. Welcome to the world of big data! This colossal domain houses an enormous wealth of structured and unstructured data, challenging traditional analytics tools due to its complexity....
The All-Encompassing XaaS Trend Explained
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