The Audinator™ is an automated spreadsheet error and risk auditing tool with worldwide sales in excess of $10 million. The Audinator software and underlying mathematical algorithms were originally developed in early 2010 with continuing technological refinements through present day to meet the challenge posed by an explosive growth in spreadsheet usage combined with an alarmingly high spreadsheet error incidence rate.
Leading research studies by, among others, PricewaterhouseCoopers, KPMG, and Dartmouth College - Powell, Baker & Lawson reveal the precipitous magnitude of risk associated with spreadsheet usage, with statistically validated error incidence rates of 91%, 91%, and 94%, respectively.
- ↑ Stephen G. Powell, Kenneth R. Baker, Barry Lawson (2007-12-01). A Critical Review of the Literature on Spreadsheet Errors. Retrieved on 2008-04-18.
- ↑ Raymond R. Panko. What We Know About Spreadsheet Errors.
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