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Spreadsheet Risk & Efficiency Assessment

Relying on spreadsheets for critical business processes increases risk, reduces efficiency, and limits capabilities. Studies consistently show that most spreadsheets contain serious errors that are costly to find, fix, and maintain. Discover the hidden costs in your organization.

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📊 Your Organization's Data

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80%
Research range: 72%–90% (Source: EuSpRIG studies)
1.4%
Conservative range: 1.0%–1.8% (Tool allows 0.5%–3.0% for sensitivity analysis)

💡 Additional context: Productivity loss per person ranges $22,000–$64,500 annually (we use the midpoint: $43,250).

📋 Risk Assessment Results

Live Calculations
Total spreadsheets in use
0
Spreadsheets per person
0
âš ī¸ Risk Factor: % of spreadsheets with significant errors
72% to 90% (using 80%)
🚨 Estimated spreadsheets with significant errors
0
💸 Annual productivity loss per person
$22,000 to $64,500 (avg $43,250)
💰 Total Annual Cost of spreadsheet maintenance
$0
📊 Revenue at risk due to potential misreporting
1.0% to 1.8% (using 1.4%)
đŸŽ¯ Potential financial impact from errors
$0

💡 Note: Calculations use your custom inputs and slider settings. Adjust the assumptions above to reflect your specific business environment and risk tolerance.

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📚 Research Sources & Methodology

  1. Panko, R. R. (2015). What We Don't Know About Spreadsheet Errors Today. EuSpRIG Conference. This comprehensive review of spreadsheet audit studies forms the basis for our error rate estimates. View PDF
  2. Powell, S. G., Lawson, B., & Baker, K. (2009). Impact of errors in operational spreadsheets. Decision Support Systems. Research on the business impact of spreadsheet errors in operational environments. View Abstract | Preprint
  3. U.S. Bureau of Labor Statistics (March 2025). Employer Costs for Employee Compensation. Private industry compensation data used for cost calculations (≈ $45/hour average, ≈ $33/hour median). Latest Release
  4. MIT Sloan Management Review (2019). Seizing Opportunity in Data Quality. Research indicating poor data quality typically costs organizations 15–25% of revenue, providing context for our conservative misreporting estimates. Read Article

Methodology Note: The 72–90% error prevalence range summarizes findings from multiple independent spreadsheet audit studies conducted across various industries. Our calculator allows you to adjust these assumptions to match your organization's specific context and risk assessment needs.