Computer applications in management Essay Example | Topics and Well Written Essays - 1000 words

Computer applications in management - Essay Example outdo also offers users with online help solution on Excel functions. Excel contains a tool fill handle that saves time when entering formulas and creating values. The others include queries and reports, data structure and normalization through multiple tables, Scalability through adding more records ar free, data and referential integrity, powerful analysis of large amounts of data, Easy and effective comparisons and working together with the advent of the excel web application you can instantly work on spreadsheets simultaneously with other users. The ability to work together encourages a persons ability to processes and gives room for sessions with large sets of data. Tools within the working class bar give one option thus giving one the most out of the sharing capabilities of Microsoft Excel. Excel can be used to pack budgets, calendars, cards, forms, and invoices among many others. Spreadsheets have a number of disadvantage s in the company by providing inaccurate data that is used in making strategic and real- time decisions. This is caused by information delays and data entry errors. Uses of Excel spreadsheets in a company (Porter and Stephenson ,pp 4-6). 1. Budget 2. Sales information 3. Balance sheet 4. Sales budget and enumeration of cash collection 5. Sales budget formulae References Business Management. Escaping the Spreadsheet Chaos to Drive Business Performance. 27 April 2013 . Kwak, James. The Importance of Excel. 9 February 2013. 27 April 2013 . Porter, Jason and Teresa Stephenson. Creating an Excel-Based Budget Youll Really Use. February 2010. 27 April 2013 . Terborg, Pascal. The First Decade of Business Intelligence. August 2009. 27 April 27