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As we now celebrate the one-year anniversary of launching Model Audit 2.0, what have we achieved and what have we learned?

Yesterday the UK Chancellor Rishi Sunak delivered his latest budget. In terms of measures relating to companies involved in infrastructure project finance there were a few key points that may be relevant for your business.

The last year has been quite a journey for Openbox. The pace of change really picked up over the last couple of months as 500 beta users have tested Openbox and given us unbelievably valuable feedback. We are now nearly ready to take the big step to version 1.0. We’ll be releasing this in early November.

At the launch event for the Openbox public beta on Thursday, we mentioned the “Easter eggs” hidden in Openbox. The prize for the first to find each one is a free lifetime license.

The Openbox private beta closed late last year, and since then we’ve been concentrating on delivering the improvements that beta users asked for. We’re grateful to the dedicated users who have continued to send us additional suggestions, and we’ve been working to include those as well.

Excel is a tool widely used by analysts of all levels of experience. To avoid repeating errors in the future, let us take a look at 3 of the highest-profile Excel errors from the past and see how steps can be taken to avoid a repeat.

Excel is great, but it is not the answer to every problem. Excel has its limitations and they should be considered before using it in a business-critical application. The decision to use Excel should be an active one, rather than the default option.

In many businesses, Excel is used for critical reporting and decision making. As has been widely trailed, the flexibility and open structure of Excel models can leave them prone to error.

When assessing your Excel financial modelling risk, here are some of the key factors you should consider.

Since the end of the Openbox beta round 3 in October, we've been hard at work fixing the issues our beta users have found and implementing their feature requests. Here is the complete list to date.