It has been widely used by the people. Online transactions made the lives of the people easier. At first the internet became an open book to the public. It offers them the best sets of solutions to certain situations and problems. Another product of the internet is the social networking sites. Communicating with your loved ones from a faraway place became more possible with internet. Through the use of internet you can monitor the daily events of their lives. Online dating also became one of the latest effects of internet.
I never have to reinvent the wheel. And as a professional accountant, you can imagine how many different "wheels" I use every day! Profit & Loss statements, Balance Sheets, Cash Flow Forecasts, Time Sheets, Break_Even Analyses, Margin Calculations, Business Plans, etc, etc. When using your own prior work as a financial template, you get another benefit _ you are so familiar with the template that it takes you no time to figure out how to use it. And each time you refine it just a little bit more. So pretty soon your templates run like a Swiss watch! All the bugs have been worked out, you have tested it with many different clients and many different business scenarios and you know you have something you can depend on. Financial Templates as Tools _ For someone who is not a finance professional, financial templates serve a slightly different purpose. They still save time, of course, but they also provide a tool that person would have to pay someone else to develop.