Companies relying on an Excel or Excel-like system need to know that, while Excel might suffice for ad hoc analysis and data storage for individuals or small groups, the technological flaw of data and referential integrity prevents it from a corporate-wide, collaborative effort like planning and budgeting, not to mention product development and sourcing.
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solutions generally provide all-purpose, ad hoc, slice-and-dice analytic capabilities, definite analytic functions (such as, data mining, dashboard, or scorecard visualization), or the ability to generate enterprise or operational reports from within Excel. An additional list of commonly available capabilities includes Excel's ability to have multiple worksheets stored in one workbook file makes it appealing for management briefing books. Users can access their data, populated from multiple data