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First Aid for the CFO - MDS Lavastorm Analytics Checks Business Performance and Processes
24th October 2011 
Drew Rockwell spoke to Tom Groenfeldt at Forbes about how MDS Lavastorm Analytics Checks Business Performance & Processes, and can provide a lightweight solution to the problem of managing multiple spreadsheets.
Chief financial officers who want to analyse their operations and identify processes that aren’t working well, can turn to software from MDS Lavastorm Analytics.
Drew Rockwell, CEO at MDS Lavastorm Analytics, says one of the most common problems he sees in business operations is that companies are running their operations on Excel when they need more powerful, more comprehensive business software.
Almost all companies use Excel somewhere in their financial close, but many run multiple Excel spreadsheets, often with the results from one cascading into the results of another. (See story on Imagine Software below) If a company has 20 spreadsheets feeding an SAP system, can it be sure that all the calculations in each are accurate?
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