Banish Banishthe myths and build your compliance strategy on Microsoft Office Excel 2007


Myths have their place, but not when you’re trying to establish an accurate, effective and user-friendly compliance solution. So we’ll start by shedding some light on the great compliance myth: your solution need not be expensive, complicated, unfamiliar or untried. The foundations of an ideal strategy are already in place, because Excel 2007 is perfectly equipped to form its core.

Here are some of the reasons why, when it comes to compliance, reality can be more interesting than mythology:

You can prevent unauthorised access to documents

Information Rights Management gives you real control over who views documents and how they use them. You can restrict the number of copies that can be made, set usage expiry dates and lock out unauthorised users. Documents can often be encoded with 40 bit encryption.

Manage and monitor document changes

Your critical spreadsheets are not carved in stone, they’re living applications that will change. Through Excel 2007, you can manage this change whilst keeping tight control. It is straightforward to maintain a detailed version history that is traceable to users, and an audit log records events such as Open, Modify and Delete.

Retain and archive key documents

The Record Repository is part of Microsoft Office SharePoint 2007. It retains and protects documents and securely disposes of them when they are no longer relevant. The Repository has numerous useful features, including a ‘hold’ facility that prevents documents from being changed during enquiries. The whole system is tuned to the pace and demands of business, so that submitting documents doesn’t slow workflow.

Develop easy to use, robust spreadsheet models

To meet compliance demands effortlessly and without worry, spreadsheet data must be completely accurate. Excel 2007 ensures accuracy by making your spreadsheets easier to use and interpret. This makes life simpler for your workforce and minimises errors. A prime example is the new Name Manager box, which makes it really straightforward when you need to find, rename and delete the vast number of defined names within a spreadsheet.

Everyday Reality

It's great when reality is better than myth. With Excel 2007, you have the foundation of a cost effective, straightforward compliance solution. For further real revelations, read all about our experienced partners and their different areas of expertise.

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