A Simple Solution that Could Lead to Complex Problems
For years organizations have gotten by managing property insurance related data in multiple, complex, spreadsheets. While this may be a quick and simple solution it also presents many risks and challenges.
For example, as organizations grow and regulations change, the amount of data being tracked increases. Maintaining large spreadsheets can be cumbersome and lead to an increase in the number of errors. Moving to a sophisticated database software solution with formal approval processes and accessible by multiple users can reduce errors and maintain data in an organized fashion.
Can you Spot the Differences between the Spreadsheets?
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