![]() ![]() Benefits of Using a Spreadsheet Component in an applicationĪ spreadsheet component can provide increased security, data consolidation, improved data visualization, strategic performance measurements (SPM), sophisticated statistical analysis, and much more. It lacks structure, protection from errors, and security. ![]() As the organization grows, you may find that it is difficult to rely on Excel's functionalities. At first, there may be a small number of users involved in the process, and you may not have large quantities of data to interpret and organize. Many businesses begin using Excel spreadsheets for budgeting and planning when their businesses are moderately simple. With over 30 million users, most are familiar with the Excel spreadsheet experience. The Excel spreadsheet has been around since the 1980's. ![]()
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