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Microsoft Excel is both both simple to use and powerful. It’s easy to see why it is one of the few applications used by companies and industries throughout the world.
Excel might be simple. But that does not mean it is unimportant.
There could be many people in your organisation who depend on the output of Excel spreadsheets.
If Excel is wrong, they are wrong.
In my experience, your dependence on Excel is likely to be deeper than you think.
Why should you care?
What would the financial, operational, and reputational cost be to your organisation?
Excel might be simple. But it may also be a huge risk to your organisation.
Does your organisation know where it has a critical dependency on Excel?
Has it got appropriate controls in place to ensure this dependency is being managed effectively?