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ABSTRACT:
Many organizations initially engage performance management using spreadsheets but quickly realize issues with data accuracy, integrity and security hinder their ability to truly understand how their organization is performing. Organizations serious about Performance Management look beyond the spreadsheet by adopting software designed specifically for performance management. By doing so, these organizations become top performers and benefit from data standardization, increased reliability and alignment while eliminating the burden of manual spreadsheet report production. This whitepaper explores the process issues and business consequences of widespread spreadsheet use in business and government and includes recommendations about how to overcome these challenges.
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