Top 4 Reasons Spreadsheets Hurt Nonprofit SuccessError-Prone and Unreliable Spreadsheets Are Dangerous to Nonprofit Organizations

Think about it: Without software, your cell phone, computer, and television would just be boxes of circuits and hardware. Software lights and heats your home, and powers your city’s water supply — it’s incredibly powerful. So when Tim Worstall, Fellow at the Adam Smith Institute and Forbes contributor, called Microsoft Excel “the most dangerous software on the planet,” he had a good reason.

According to Worstall, spreadsheet-heavy software like Excel is too difficult to manage. “It’s handled in such a slapdash manner that no one is really on top of it anymore.” A lack of controls, inaccurate information, and manually copy-pasted numbers within spreadsheets are too often to blame for financial errors.

manufactruing1-300x225Enhanced payroll reporting is important for all businesses. If your business has employees, you will have payroll responsibilities.

Generating payroll means more than simply paying employees or printing W-2 forms at the end of the year. Old methods of tracking payroll expenses and tax reporting with spreadsheets and manually-prepared documents can result in very costly errors and time-consuming processes. Accounting software can take out the risk and provide a much faster approach to payroll through system automation.

As with any business, manufacturing and distribution companies must remain aligned with their senior management team and government agencies which each have specific mandates related to payroll. These stakeholders not only have specific required reports, but also mandate when they need to be generated. Your accounting software should provide payroll reports that meet these needs.

Cougar Mountain Software develops leading on-premises accounting solutions. Our hallmark software, DENALI, is specifically designed to scale to clients’ needs while maintaining an unbreakable audit trail.