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Live CalculationsđĄ 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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Free Consultationđ Research Sources & Methodology
- 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
- 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
- U.S. Bureau of Labor Statistics (March 2025). Employer Costs for Employee Compensation. Private industry compensation data used for cost calculations (â $45/hour average, â $33/hour median). Latest Release
- MIT Sloan Management Review (2019). Seizing Opportunity in Data Quality. Research indicating poor data quality typically costs organizations 15â25% of revenue, providing context for our conservative misreporting estimates. Read Article
Methodology Note: The 72â90% 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.