88%
88% of spreadsheets contain errors
13
On average, an Excel model has around 13 users
50%
50% of hours spent is wasted effort
7$
At least $7 billion a year disappears due to errors in Excel
Surely Excel examinations could be better?
For example, consider…
When there’s a rush to deliver or review a model, there’s not enough time to manually check all data and calculations. Still, you need some level of assurance. With PerfectXL, you can quickly check for major risks, such as broken formula sequences, incomplete references, and whether External sources are properly used.
Many will know of formal or informal guidelines for good Excel modeling. Things like FAST, ICAEW Principles, and many more are in place to encourage good practices in Excel, but reminding yourself and others to keep to them can be strenuous. Being able to automatically check your model against principles helps to quickly evaluate quality.
Seeking a second opinion from a colleague can be confronting and nerve-wracking. Prepare effectively with PerfectXL. First, review the vulnerabilities in your model and note where you believe they are defensible. Additionally, assess the visualization of the model’s ‘flow’ and determine if it’s logical. This visualization also makes the review easier for your colleague.
If you’re responsible for due diligence or ensuring the quality of internal or external Excel models, you need a blueprint of the information flow and a list of all formulas to assess risks. PerfectXL provides this information automatically, along with consistent guidelines for improvement.
Creating a simple overview of all external sources is oddly challenging in Excel, but sometimes it’s necessary, especially when you need to share those sources or when an update isn’t possible. PerfectXL provides a visualization of all external sources, along with a list of formulas, defined names, and rules that reference them.
If a spreadsheet is filled with error messages, you can’t confidently share it with a client or colleague. Manually identifying each error is time-consuming and often a task to avoid. PerfectXL shows you where the error messages are, which cells they refer to, and their risk level, making it easy to resolve them quickly.
PerfectXL guarantees you fast audits of the highest quality.
One-minute risk scan
Easy to locate
Detailed explanation
Meet the PerfectXL Suite: three tools and an Excel add-in for everything you need to check, build and maintain quality spreadsheets.
PerfectXL Risk Finder
Prevent spreadsheet blunders.
PerfectXL Explore
Gain insight & visualize Excel models.
PerfectXL Highlighter
Check tables and formulas.
PerfectXL Compare
Compare & document differences
Well-known financial organizations trust PerfectXL
“Auditing workbooks with PerfectXL lets me do in minutes what used to take hours, and automatically instead of manually. The time savings and insights are significant”
PerfectXL has been developed with the best partners
“It’s without a doubt Top 5 in the world in terms of mitigating human errors, visualizing changes and analyzing potential risk factors.”
Over 10 years of development
PerfectXL was conceived and developed by a small team of exceptionally dedicated experts. We collaborate with the Delft University of Technology, for example. State of the art.
All expertise comes together
Many experiences we have gained from customers, Excel models, the University and our product development are compiled in our Academy pages.
Four products, one thought
Excel work contains many aspects, but good control and clear overview are indispensable in any situation. Our tools are designed to support you with this.
Try it, it really works
Many of our customers could hardly believe it at first. Is so much grip and control of Excel possible? Sure it is! Our software looks at Excel from a different angle and it works.
Is your organization next?
Don’t get stuck with fragile Excel models full of risks and ambiguities. Join the club. Contact us today for a short demo. Without obligation, of course.