Across most organizations, there is a use of spreadsheet (mainly using Microsoft Excel) to assist with decision-making. The estimates bandied around in the Web suggest that there are hundreds of millions of active users using spreadsheets daily. Now, that is a whole lot of spreadsheet being created and used every single day.
So how many financial models are out there being used in organization? On the face of it, this is a ridiculous question, because it’s virtually impossible for anyone to calculate. Perhaps then the problem is actually within the question. We really ...