10 disadvantages of using spreadsheets for rebate accounting
Summary
A continued reliance on Excel spreadsheets causes inefficient manual processes, high operational costs, greater risk of errors, and limitations to your rebate revenue potential. You may find that as your spreadsheet rows and columns grow, the amount of time that people spend scrutinising them decreases as the volume of data can be demoralizing. All too often, Excel spreadsheets slow people down and hurt their accuracy by requiring individuals to manually perform repetitive tasks that could be streamlined and/or automated with rebate management software. Many people who used to collaborate in the same office space are now having to rely on email and video conferencing, delaying the process of obtaining key information about your deals. Working remotely could also cause people to keep their version of a spreadsheet saved on their desktop, not filed in the correct place whereas with cloud-based rebate management software this is accessible by anyone, anywhere, anytime.
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