There are thousands of classes and books on how to do tasks in Excel.
But there are not many that teach you how to have your employees use Excel in an efficient documented manner that saves time and money.
A Chief Analytics Officer ensures a company’s use of Excel is a business tool that maximizes operational efficiency, provides a framework for employee training, is consistently used organized and files saved where you can find them.
Clarity Managements President Lorry Rifkin combined 35 years of best practice spreadsheet design and business operational needs and profit enhancement into a methodology that takes Excel to the next level.
And most importantly it is learning when to use Excel or other more powerful tools.
If you have 10 employees who spend 4 hours per day on Excel that is 5,200 hours per year. Say your average employee who uses Excel earns $20 per hour.
You can easily save 15% or $15,600 annually by having a Chief Excel Officer in time alone.
Then there is the hidden side benefit. How many times has an employee built a model that had an error in it that you made bad decisions on? What did it cost you a $1,000 $5,000 or more?
Finally, there are the missed opportunities. Using Excel to properly mine your sales, operational and financial data in ways you have never thought of and in a way your other systems can not offer. This often requires integrating Excel with your core accounting software.