As a large company with many teams, they had a hard time calculating actual margins for each team and project. It was a hassle to work with each team leader to manually figure out numbers.
Now they have income statements based on projects. It shows how much they’re making on each project, what they charge, and how much they’re spending.
Download Spreadsheets-The Corporate Secret Killer & What to Do About It to better understand its inherent errors, how to manage quality control & overconfidence, with detailed solutions on improving spreadsheets in financial reporting.
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