Updated: May 17
Among the many things to come out of last year’s work from home and remote worker trend is an increased use of online spreadsheets. With more and more people working from home or participating in hybrid work environments, online spreadsheets were an easy way for anyone adept at Excel to share data with the rest of their sales team and make business operations much more streamlined and efficient. But online spreadsheets are still spreadsheets and they do have some limitations that many workers are beginning to realise as they look for an alternative solution that works for other aspects of their businesses such as leave management and payroll.
With that in mind, we are going to take a look at some of the advantages and disadvantages of online spreadsheets and see why they can’t do it all:
Advantages Of Online Spreadsheets
Online Spreadsheets Are Free- for most businesses, spreadsheet software is readily available and free. Whether you use Microsoft Office and Excel or you use G-Suite and Google Sheets, if you have an internet connection, you can access an online spreadsheet.
Online Spreadsheets Are Easy To Use- one of the best aspects of online spreadsheets is that they require minimal training to use and become skilled at. Outside of creating complicated formulas, recording information on an online spreadsheet is quite simple.
Disadvantages Of Online Spreadsheets
Online Spreadsheets Are Difficult To Share Internally- despite being online and easy to use, online spreadsheets are still difficult to share internally.
Online Spreadsheets Are Easy To Share Externally- as difficult as they are to share internally, online spreadsheets are surprisingly easy to share externally. This could easily lead to data breaches, unauthorised sharing of a private document, or data theft.
Errors And More Errors- a recent university study showed that online spreadsheets have an error rate of 88%.
No Easy Data Visualisation- another drawback of online spreadsheets is that there is no easy data visualisation. While you can create charts and graphs in spreadsheets, it is such a difficult process that many people skip the visuals altogether.
Online Spreadsheets Are Unsuitable For Effective Leave Management
As you can see, online spreadsheets do have their limitations and that makes them unsuitable for effective leave management tasks. Fortunately, there is a solution. LeaveWizard is an effective leave management platform that can save your business both time and money and increase the efficiency of your leave management tasks.
To learn more ways that LeaveWizard can save your business or organisation time, contact LeaveWizard today and see how our innovative platform can save your company or organisation time and money.
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