Research-backed insights on productivity loss

26 days

Lost per employee every year due to inadequate data skills. Across 12,000+ employees surveyed, workers spend 4.34 hours/week being unproductive because they lack the skills to efficiently handle data-related tasks.

76%

Of knowledge workers spend 1–3 hours every day just moving data from one place to another. Copy-pasting between spreadsheets, transcribing from PDFs, reformatting for different systems—repetitive work that adds up to weeks per year.

10 hours

Per week spent on manual spreadsheet work by finance professionals. In a survey of 200 CFOs, this translates to skilled finance talent buried in data entry, consolidation, and formatting instead of strategic analysis.

47%

Of digital workers struggle to find the information or data they need to do their jobs effectively. App sprawl and siloed data mean employees waste time hunting across systems instead of executing.

8.8 hours

Per week—nearly 20% of working hours—spent by knowledge workers searching for and gathering information needed to complete tasks. That's over 400 hours per year per employee lost to finding files and data.

Only 18%

Of CFOs consider themselves Excel experts, despite spreadsheets being central to financial operations. The remaining 82% rely on workarounds, manual processes, and time-consuming trial-and-error to get work done.

92%

Of employees admit they waste up to 8 hours per week searching documents for information. Extracting tables from PDFs, reconciling data across formats—friction at every step.

41%

Of FP&A processes are still manual. Despite advances in technology, nearly half of financial planning and analysis workflows rely on spreadsheet manipulation, manual data pulls, and copy-paste consolidation.