Serving for a multitude of purposes and being renowned for their efficiency and reliability, spreadsheet solutions have a major contribution to business management and development. Existing spreadsheet solutions are no longer limited to accountancy processes (monitoring financial data, managing budgets and facilitating a series of data manipulation processes); they can also be successfully used as means of business analysis, organization, as well as forecasting, allowing companies to gradually expand, achieve better exposure and neutralize the competition.
Regarded as a very effective and reliable means of data management, monitoring valuable financial data, as well as optimizing processes involving frequent data entry and manipulation, spreadsheet programs have rapidly become popular among businesses of all types and sizes.
When VisiCalc hit the scene back in the eighties (in the last century), the relatively small group of Apple II users went crazy. It was like manna from heaven for the poor accountants, scientists and engineers who were used to filling in enormous analysis sheets with a pencil. Now, they could use VisiCalc to do the same task, AND calculate the result automatically.
Spreadsheet templates are used for many reasons and each template vary according to the purpose it is used for. Spreadsheets are designed with different calculations depending on various needs.
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