The roles of Excel spreadsheets and other EUC* applications in energy trading are varied. From accounting and finance data to hedging, Excel spreadsheets are present throughout an energy company, representing high-value transactions and complex value chains. Without proper spreadsheet governance, organizations leave themselves open to end-user computing risks, financial risk, and – if mistakes are made – reputational risk. Without the proper tools, managing that risk becomes time-consuming, complex and exhausting task.

Technology to mitigate risk

ClusterSeven’s unique solutions enable you to identify and track your critical Excel spreadsheets from one central point, so you can ensure that the information distributed around your organization is accurate and valid. You can locate changes to functionality and data quickly and easily, enabling you to ensure that your EUC applications are never a cause for delays in responses or decisions being made and giving you more accurate data for your own risk calculations and similar activities.

“When an error occurs, the ability to audit changes and recreate prior versions that ClusterSeven provides is a significant time saving that end user can’t argue with.”

IDC Case Study

With our solutions’ ability to analyse your Excel spreadsheets and detect errors, you’ll not only find it easier to mitigate Excel risk and ensure compliance with internal controls on EUC management — you’ll find that you can do it more efficiently, helping you use your time more effectively.

ClusterSeven delivering Certainty

  • Proven delivery track record – all our customers go-live on time, on budget
  • Speed of deployment – we can deploy in 10-15 days based on requirements
  • Referencebility – we have over 30 customers in 20 countries across 5 continents
  • Ease of implementation – we ensure minimal disruption to BAU activity

*EUC stands for end user computing, and is synonymous with end-user developed applications (EUDA), user tools (UT), user applications (UA) and user-developed tools (UDT)

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Whitepaper: End User Computing Risk – Too Critical to Ignore

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ClusterSeven delivering Certainty

  • Proven delivery track record
  • Speed of deployment
  • Referencebility
  • Ease of implementation

ClusterSeven Solutions enable

  • Reduction in risk factors
  • Rationalization and control
  • Return on Investment

Case studies