Online banking allows businesses to make payments quickly

Business can have online access to accounts

Easy to use due to formulae

Payments can only be made within a specific regional area

Forgetting the password could lock you out of the app for a period of time

let the marketing department know what their budget will be this year

let customers know that there is a promotion on

contact suppliers to order inventory

to attach a job description and person spec to an applicant

create a job advert

to create a list of local suppliers

to make a promotional flyer

to create a report to include an income statement

keep a record of potential job applicants

keep a record of inventory held

create a report of payment outstanding to suppliers

keep a record of customer's email addresses

The Finance department would use spreadsheets because calculations can be carried out automatically using formulae. 

The Finance department would use spreadsheets because it is easy to keep a record of suppliers accounts and what they owe.

The Finance department would use spreadsheets because staff need to be trained to use the package effectively and this involve additional costs.

• Graphs and charts are easier to read and interpret than lots of figures​.

It can be costly to purchase the hardware and software required.

Formulae can be used to calculate information 

which allows for automatic calculation if anything changes.

One advantage is that the software and hardware can become out of date relatively quickly and may have to be updated.

Graphs/Charts can be created to display information 

which makes it more difficult for comparison of complex financial information 

All transactions can be viewed giving a more complete view of the current state of the organisation’s finances, therefore this helps with budgeting

Spreadsheet records can be searched and sorted quickly which means critical information can be found quicker.  ​The reports can be stored and referred back to at a later date.​