Holger Kisker, Forrester Research Principal Analyst recently spoke to SecureSheet Technologies, LLC to review their unique solution. In his report titled: “The Changing Cloud Agenda” he writes: “Companies produce a huge amount of transactional data every day, e.g., financial data changes with every accounting transaction and inventory data receives constant updates from production as well as inbound and outbound shipments. A lot of this transactional data originates from B2B processes where companies need to exchange financial or logistic information with each other. Typically, both parties keep their own records but send each other updates that are mapped and reconciled in case of deviations. Business partners that share transactional data are working on a single source of truth and do not need to compare and correct data between each other. This leads to significant time and money savings for both parties.”
Existing solutions for highly dynamic transactional data come from companies such as SecureSheet, which offers a collaborative worksheet platform. Companies can take existing spreadsheets and turn them into a SaaS application by adding custom business rules and security to control how internal and external users interact with the online business spreadsheet. Different users only see what they are allowed to see (down to the sheet, row, column, and cell level). The solution can model an existing manual process, automate it, and more importantly, secure it so that different participants in the process can access the appropriate data quickly and accurately.