A spreadsheet is used to organize and categorize information into easily readable and understandable columns and rows. Both large and small businesses can utilize spreadsheets to keep track of important date.Know More
Spreadsheets are ideal for storing both large and small amounts of data in a centralized location. They are often made up of various cells that are able to contain any amount of data necessary. The data can be representative of a variety of things, including pricing information and information on different business expenses. The cells can be combined together easily in a spreadsheet to help reach a certain sum and to make the addition of different sets of data more easily done. Spreadsheets are also able to sort and filter the data according to the different coding options that are used in the application.
Presenting data that has a large amount of numbers to many different people can sometimes be difficult, but spreadsheets are a centralized location that can be analyzed by anyone who has seen it. Spreadsheets are ideal for presenting data to employees, board members and even supervisors. It is a way that all information contained in a set of data can be shared among many people without the need for various files and access points.Learn more about Software
A database is used to collect and organize data. Although an electronic version such as one created in Microsoft Access may be the first that comes to mind, there are many non-automated database versions as well, such as a personal phone and address book.Full Answer >
Databases tend to be expensive and require continued upkeep which is costly, they can be extremely complex and confusing for users who do not understand the system, and if users do not know how to protect their information properly, databases can be used to access classified information and are prone to viruses or spam. With any database, users must know how to navigate through the information and sensitive information must be secured so that the wrong people cannot access it.Full Answer >
Business intelligence refers to the tools and processes used to convert raw data into information that is useful to businesses. The term business intelligence describes both the process a company goes through to incorporate analysis software into its protocols and the actual software used for data analysis.Full Answer >
A database management system is used to let employees and owners access a large variety of information from a specific location like a computer. It allows access to specific information based on the user's credentials.Full Answer >