It is the duty of the head of technology (CIO, CTO, IT Manager) to make sure that the software solutions used by the company are reliable, scalable, and secure. Although it might be hazardous and ineffective, Microsoft Excel is nevertheless used by many firms for their business procedures.
In this article, we will discuss the dangers of using Microsoft Excel for business operations and why bespoke proprietary software is the best option for your company.
Below are some of the obvious risks, and the list can be longer depending on the organization’s size:
Limited capacity:
Excel’s data handling capabilities are constrained, which increases the risk of errors and data corruption when working with huge datasets.
Limited capability:
Excel’s functionality is less extensive than that of bespoke proprietary applications, which might lead to ineffective processes and avoidable mistakes.
Security Risks:
The ease with which Excel files can be distributed and accessed by unauthorized individuals puts the security of important company data at risk.
Lack of version control:
this can cause confusion and failures in your business processes because Excel files are easily lost or rewritten.
No automation:
Excel requires manual input, which is time-consuming and subject to human error.
Why is Bespoke Proprietary Software the Solution?
All the above-mentioned problems can be resolved and your business operations improved using proprietary software, this is how:
Scalability:
Bespoke software is capable of processing massive volumes of data and expanding along with your company as it grows.
Built to Spec:
Bespoke software is built to your unique business needs, resulting in more effective workflows and a lower likelihood of errors.
Security:
Bespoke software is designed, developed and tested with security in mind, including features such as access controls, encryption, and audit trails to protect sensitive company data.
Version control:
Bespoke software may come with version control, enabling you to keep track of changes and preserve data accuracy and if required “roll back” to the desired state if errors have occurred.
Automation:
Everyday mundane tasks can be automated using your organization’s bespoke software, lowering the possibilities of human error and boosting productivity.
In closing, we believe software solutions used in any company should be secure, scalable, and effective. Bespoke software will make your workflows more effective, lower the chance of mistakes, and give your company a safe, scalable solution. It’s time to re-evaluate your company’s dependency on off-the-shelf (e.g. Microsoft Excel) and think about investing in bespoke software that can cater to the unique requirements of your industry and organization. To find out more about how bespoke software can help your business, get in touch with us right away.