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Slide 5: (14 clicks! Final click is picture! Slowly click through all 13 while reading script, matching final click to final sentence) Quite a lot actually.Slide 4: So First, why is this topic important? You might be thinking to yourself “I’m using spreadsheets to manage my assets now, what should I be worried about?”.

SAGE FAS DOWNLOAD SOFTWARE

Then we will talk through the benefits of using a dedicated fixed asset software solution and finish by discussing the entire fixed asset process.

Slide 3: First we will spend some time discussing the dangers of using spreadsheets to manage your fixed assets using some real world examples and figures.

Slide 2: We hope to answer a number of questions in today’s presentation.

Thank you for taking the time to join us for today’s webinar on eliminating the cost of spreadsheets.

Slide 1: Hello, my name is (XXX) and I am a Sales Engineer with the Fixed Assets team here at Sage Software.

Review for your assets and depreciation needs.

Creating reports by hand from spreadsheets isġ6Depreciation: Are spreadsheets putting your company at risk?Ĭontact RKL eSolutions for pricing, compatibility and consulting.

Spreadsheets have limited security control.

Spreadsheets are a good starting point… but.

2007 study Tucks School of Business at Dartmouth College 2.Data Validation the Best Practice for Data Quality in Fixed Asset Items, where the probability of error approaches 100 percent.”3ġ31. In addition, none of the tests included spreadsheets with more than 200 line “30 to 90% of all spreadsheets tested suffer from at least one major user error.Inaccurate, or altogether missing, while 10 percent to 30 percent of fixed “AMR has repeatedly found that 65 percent of fixed asset data is incomplete,.Over $10 million, and one in excess of $100 million.”1 Spreadsheets with errors, they found ten had an error exceeding $100,000, six “64% of financial spreadsheets audited contained errors.Spokeswoman Jordan Goldstein said the budgetingĮrror was simply due to a number misrecorded in oneġ2: Are spreadsheets putting your company at risk? Stanford Group analyst Rebecca Jones Kujawa said Gifts drastically reduced its fourth-quarter outlook” Here’s why:ĭirty data impacts multiple parts of the businessįinancial results for the first and secondġ1: Are spreadsheets putting your company at risk? Have to incorporate formulas for changing tax law by handĭata control with spreadsheets is a headache.Spreadsheets do not scale well with growing businesses.Minimal security and access control options.Introduces the challenge of “version control”.Spreadsheet knowledge tied to personnel.Managing the entire Fixed Asset ProcessĢ4 July 2015 8Depreciation: Are spreadsheets putting your company at risk?.Benefits of a dedicated fixed asset solution.Why shouldn’t I be using spreadsheets to manage my fixedĭepreciation: Are spreadsheets putting your company at risk? TBD– Sage Fixed Assets Solutions Engineer

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