Choices for SME BusinessesNov 17, 2011   ModelSheet and the ModelSheet logo are registered trademarks of ModelSheet Softwa...
Need to plan and manage creates typicalSME dilemma Suffer pains of (conventional) spreadsheets  •   Many manual operation...
Business Intelligence Systems             Strengths                                       Pains Larger models            ...
Conventional Spreadsheets             Strengths                                  Pains Adaptable, powerful               ...
Now there’s a 3rd way...customizable spreadsheets No more building complex formulas or layouts  • Just customize a prebui...
Customizable SpreadsheetsTurn spreadsheet pains to strengths – with no BI investment              Strengths               ...
Customizable spreadsheets arepowerful business planning tools Large models                      BI Systems                ...
Summary              Attribute           BI Systems   Conventional   Customizable                                         ...
Conclusion for SME Businesses Use accounting SW for basic financial reporting  • Financial results, Basic sales reporting...
Thank youRead more on BI vs custom spreadsheetshttp://bit.ly/tgIZoiFor more information contact:Richard PettiModelSheet So...
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Spreadsheets or BI Systems?

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Compares spreadsheets and BI systems from standpoint of SME businesses. Compares both with new customizable spreadsheets.

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Spreadsheets or BI Systems?

  1. 1. Choices for SME BusinessesNov 17, 2011 ModelSheet and the ModelSheet logo are registered trademarks of ModelSheet Software, LLC. Copyright © 2011 by ModelSheet Software, LLC
  2. 2. Need to plan and manage creates typicalSME dilemma Suffer pains of (conventional) spreadsheets • Many manual operations to build and maintain • Inflexible after they are built • Reliability and control • Collaboration and learningOR Suffer pains of BI systems • Expensive • Hard for non-IT staff to use to build reports • Hard to reconfigure reports to answer questions
  3. 3. Business Intelligence Systems Strengths Pains Larger models  Expense • Handle very large models • Expensive to purchase and support Easy for users of basic reports  Less suitable for innovation • So long as users dont have to edit or • Harder for business experts to build reconfigure reports reports Control • Dependence on IT programmers • Better IT control of data, model logic  Harder for advanced report user Transaction summary reports • Reconfigure reports • Many repetitive records • Add side-computations  Rate of failure of BI projects
  4. 4. Conventional Spreadsheets Strengths Pains Adaptable, powerful  Size limits • Function libraries, pivot tables, • Lower size limits than for BI systems graphics, database access…  Flexibility Business experts build models • Once built, hard to make changes • Easy to learn  Reliability Inexpensive or “free” • Many manual operations increase • Free if you have Excel or Google frequency of errors Docs  Productivity Managerial analysis • Many unreadable formulas – can take • Handles complex computations weeks to create / adapt new models  Collaboration • Hard to communicate, learn how models work
  5. 5. Now there’s a 3rd way...customizable spreadsheets No more building complex formulas or layouts • Just customize a prebuilt model for your business needs and enter your data No expensive software or specialist skills • Standard spreadsheet output requires no training to use • Online model management and data entry via a simple (prompted) online form
  6. 6. Customizable SpreadsheetsTurn spreadsheet pains to strengths – with no BI investment Strengths Pains All strengths of conventional  Size limits spreadsheets • Lower size limits than for BI systems • Deliver conventional spreadsheets Flexibility • Customize models to your needs • Easy to use web-based customizer Reliability • Automation, few manual operations Spreadsheet pains Productivity converted to strengths • Customization is 10-100x faster Collaboration • Fewer, readable symbolic formulas
  7. 7. Customizable spreadsheets arepowerful business planning tools Large models BI Systems Customizable Spreadsheets Spreadsheets Small models Transaction summaries Management analysis Simple reports Innovation
  8. 8. Summary Attribute BI Systems Conventional Customizable Spreadsheets SpreadsheetsLarge models +++ ++ ++Adaptable, powerful ++ ++ +++Empowers business experts + ++ +++IT control of data, models +++ + ++Easy for users of basic reports +++ ++ ++Users can reconfigure reports + +++ +++Reliability ++ + ++Productivity for authors ++ + +++Collaboration ++ ++ +++
  9. 9. Conclusion for SME Businesses Use accounting SW for basic financial reporting • Financial results, Basic sales reporting Use customizable spreadsheets for analyses • Financial planning, sales planning, budgeting • Sales analysis • Marketing programs effectiveness • Customer and product profitability • Pricing tests and analyses • Analysis of investment projects Use conventional spreadsheets for innovation • Translate to custom spreadsheets or BI later.
  10. 10. Thank youRead more on BI vs custom spreadsheetshttp://bit.ly/tgIZoiFor more information contact:Richard PettiModelSheet Software, LLCTel: +1 781-648-7856 / cell: +1 617-694-0164Email: rjpetti@modelsheetsoft.comURL: http://www.modelsheetsoft.com

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