Tuesday, November 07, 2006

How do you ensure your spreadsheets won’t get you into trouble and are you really sure those figures are what you entered?

Nowadays, with so much growing emphasis put on accountability, how sure are you that the numbers you entered in your spreadsheet - which went to Bruce to check, across to Sandy to review, then back to you - are correct? If you had to explain exactly what changes had been made to the original, could you? Are you happy to stake your reputation on the data?

We’ve all read the horror stories in the press regarding errors that have crept into spreadsheets, and while we know about them, how can we minimise the chances that it could happen to us? ComplyXL from Lyquidity is a key to solving some of these issues as it ensure that there is a full version history of your spreadsheets. It allows you to see exactly what changes have been made to your information, plus it offers the ability to revert to a previous spreadsheet version, export a version, delete a version (though with a record being kept). It also allows you to compare different workbooks as well as different worksheets. In the latest version you can ensure that every time the workbook is saved a version is automatically saved, plus there is the option to exclude functions such as TODAY(), or NOW(), allowing key changes to be more obvious. With a full zoom in feature, finding changes is simply a matter of a few clicks.

If software is really going to help instead of hinder, it needs to ensure that users don’t have to change their working practices, with users only seeing the benefits of the software rather than the software itself. That’s why ComplyXL has been designed to be completely portable - it can be used on a single PC, ideal when your flight is delayed, you want to get on, but don’t have access to the internet, from a memory stick, designed for those who travel about to other offices and need to see changes that have been made to spreadsheets since last checked, or as a webserver version.

So - if being able to ensure that the changes to your spreadsheets can be explained, the changes can be tracked, and versions can be compared, is a key benefit to you, then visit www.lyquidity.com and download a free trial version of ComplyXL, the only thing you’ve got to lose is your uncertainty.

By Sandy Marshall, Product Manager, ComplyXL

About Lyquidity Solutions
Lyquidity Solutions a leading financial software and services company providing real business benefits to medium sized companies. ComplyXL provides compliance control of Excel workbooks and was developed in light of Sarbanes-Oxley requirements. For more information, please visit our main website at http://www.lyquidity.com/ or alternatively call us on 020 8241 0500. Media contacts should be addressed to sarah.seddon@lyquidity.com. Excel is a trademark of Microsoft Inc.

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