What are signs you’ve outgrown Excel for the compensation process?

Answer: If you’ve experienced three or more of the following: • Excessive time compiling and recompiling data • Complex budget modeling and proration logic • Formula errors or missing data • Security concerns with emailing salary information • Multiple versions of spreadsheets (version control) • Need access to current information • No time for analysis • Require auditability to aid compliance • Mid-cycle changes occurring for employees • Excessive time to create and distribute adjustment letters • Multi-currency challenges • Part-time and full-time employees