Why Excel is putting your projects at risk
For many strategy and transformation projects, Excel still seems to be the central point of action. Strangely enough, the inefficiencies and dangers it can bring to successful project management are often underestimated. Let's take a look.
"94% of all Excel spreadsheets have errors"Source: brand eins
5 reasons not to use Excel for project management
We love Excel! Excel is able to handle different data types with high flexibility, generate great graphics and is connected to many other software solutions. Even though it was never designed for managing projects, Excel has quietly become the most widely used project management tool. Still, there are some reasons, why Excel is clearly the wrong choice for this.
Excel makes mistakes
About 94% of all Excel spreadsheets have errors. It is not so much a question of whether an Excel sheet has errors, but rather how many errors it contains. These shortcomings can have serious consequences for your strategy and transformation projects.
Falcon is customizable for the user and yet free from complicated and error-prone formulas. Information can be clearly assigned and is automatically processed. No more formulas necessary!
Excel is not secure
Excel saves data in a file-based format. Knowingly or unknowingly, files easy can be manipulated or even completely erased. Excel does not feature systematic controls and manual adjustments are not an option due to the lack of available personnel resources.
Falcon stores all information in a secure database where it remains consistent and unchanged. Accidentally deleted information can be recovered even after days. Better safe than sorry.
Excel easily becomes unmanageable
Complex projects are hardly manageable with Excel. Information has to be gathered and interpreted over and over again. Spreadsheets multiply constantly and dozens of additional calculations and cross-links appear.
In Falcon, all important information comes together in one place. As a result, problems can be identified faster and well-founded decisions can be made more efficiently.
Excel is not multi-user friendly
Many cooks spoil the Excel list. As we all know, files are tend to be send by e-mail, accidentily put in write protection mode or all of a sudden get mysterious formula errors. In addition to that, Excel does not offer flexible user management and differentiated recovery functions.
Falcon allows you to work on projects simultaneously from everywhere. Sensitive project areas can be easily assigned to authorized groups of people with just a few clicks at any time.
Excel is too expensive
Excel seems to be affordable at first glance. However, this is without taking into account the immense costs caused by the inadequacies in project management. Incorrect calculations, lost and inconsistent data, cumbersome searching and interpretation of information - all this costs your team members time and money on a daily basis.
Falcon creates cross-project standards with consistent data. The structure and layout of the display is intuitive and allows quick and clear understanding, which prevents potential (financial) mistakes from occurring in the first place. This enables all team members to work together on the project and boost the company's success.
Leave Excel problems behind and focus on your projects
Frequently asked questions
Why is working with Falcon better?
Falcon is a cloud based software. This allows you to access or edit your information and data from anywhere. Smart algorithms even allow the use by several users simultaneously. All formulas for data preparation are created and automatically applied by our software and financial experts. Inconsistent data, user errors and cumbersome searching and analysis are a thing of the past.
Do I need any special skills to work with Falcon?
No, Falcon is purposely kept simple and is designed to bring together all stakeholders involved in a project. Everything is already prepared for a good start so you can set off at the touch of a button. Your project managers or consultants can easily set up a project structure. Our Customer Success Team will also help you at any time if you have any questions.
Can I customize Falcon to fit my needs?
Falcon comes with useful structuring and mapping options that can be tailored to any project. Changes can also be made in the course of the project in no time at all without the danger of a total breakdown of your documentation.
Who else uses Falcon?
You are not alone. Whether a family business, mid-sized company or corporate group - leading companies from a wide range of industries rely on Falcon for their most important projects.
Why should I pay for Falcon?
As you have seen above, Excel is not a cost-effective alternative. Falcon is not only better, but also offers more than just a spreadsheet: it is designed specifically for your transformation projects. With an intuitive tree structure, traffic light evaluations, user management, reporting and much more, you increase the efficiency, transparency and quality of your projects. A true cost saver! Learn more
Can I test Falcon before I decide to buy it?
Of course you can! Who likes to buy a pig in a poke? We offer you a free trial period of 30 days. Find out more. Learn more
You are in good company
Falcon is the long-awaited and much better alternative to the Excel monsters that used to accompany us on strategy projects.
Falcon is quick to implement and very intuitive to use - exactly what we need for our strategy and transformation projects!
With Falcon, we can transparently track our strategic projects across multiple holding companies without having to version and send large Excel sheets. An intuitive user interface helps with the quick implementation across different company levels!
In transformation projects it is important to concentrate on the essentials. The intuitive operation of Falcon helps to quickly create transparency about many measures and their effects.
Simplicity, short implementation time and the efficient management and communication of our transformation projects make Falcon unbeatable and raise our work to a new level of quality.
Falcon helps keeping an eye on the numerous projects and keeps our transformation structured, whilst promoting transparency in all projects and all areas.
Falcon gives us the opportunity to set up transformation projects pragmatically and professionally right from the start, thus significantly increasing the acceptance of change among our clients.
Falcon enables us to intuitively monitor and control strategic projects together with our clients.
With its project tree, Falcon allows us to easily keep an overview of a large number of improvement measures at the same time. This is complemented by excellent support that leaves nothing to be desired.
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