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Published byJeffrey Ray Modified over 9 years ago
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Excel is the most widely used business and analytics graphics tool in the world. The majority of Balanced Scorecards and operational dashboards in the world are built using it.
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Excel Advantages Analysis can be done NOW! Excellent low cost way of proving the need and value of a Balanced Scorecard or operational dashboard
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Makes sense for management to want to see a working system to test the concepts before budgeting the year of development and hundreds of thousands of dollars that a full Business Intelligence (BI) system can cost
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Excel knowledge is pervasive Most organizations have one person they can turn to that knows Excel well Users can help each other
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Scalability Costs True cost of scaling or expanding a BI, Balanced Scorecard or dashboard effort. BI Systems Costs License fees and definition of a user making the cost of BI systems more and more expensive
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Rarely discussed associated costs are those for retraining and redeveloping existing business systems. Converting users to a large BI system requires a couple of days of training at a thousand dollars or more per day Users forced to use BI system need to create new solutions that replace the Excel solutions that have taken them years to create.
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Excel is flexible Excel’s Chart Engine is a Powerful Standard You can customize almost any part of a chart you want Excel is the preferred choice for initial development of Balanced Scorecard
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Using Excel for the first year gives companies the chance to Evaluate their objectives and casual links Refine their Metrics Gather data without spending a lot of time and resources on a large IT project Excel allows you to build a “functioning prototype”
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Excel helps small to mid sized business units or departments within large organizations that need “agile” systems that: Are easy to support Cost little to develop and maintain Can handle flexible analysis
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Dashboards developed in Excel have the advantages of: Less time to development Low or non-existent licensing fees Accessible developers An established, knowledgeable user base Easily accessible user training Quick and inexpensive testing of user requirements Excellent analytical capability with over 300 functions Extensibility that allows additional features Arguably one of the best charting engines around
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Contact Us Phone: 888-818-5120 Ext. 101 E-Mail: rick.anderson@agilisgrp.comrick.anderson@agilisgrp.com Web Site: http://www.agilisgrp.comhttp://www.agilisgrp.com
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