Navneet Loiwal, Co-Founder and CEO
Google spreadsheets is not just commonplace, but a powerful tool with more than two billion users worldwide. Despite seen as a universal language of businesses for its low-code and flexibility in building custom business logic, the spreadsheet technology has not progressed over decades. It is inherently flawed in terms of connectivity and automation with BizOps teams still performing manual data updates and relying on other IT teams to access data across business systems. This slows down business operations, resulting in outdated reports and dashboards, and error-prone, non-productive data sets.
Imagine, instead, an infinitely expressive tool that turns spreadsheets into a builder tool for business users.
Disrupting the spreadsheet technology space is Coefficient, with its namesake, proprietary no-code, consumer grade software, enabling business teams to connect, automate, and share real-time data in Google Sheets.
“We are transforming the highly potential Google spreadsheets, that people loved for decades, into new-age app builders,” says Navneet Loiwal, Co-Founder and CEO, Coefficient. Targeting SalesOps and MarketingOps, the software connects Google Sheets, with a single click, to any data source system, such as Salesforce, HubSpot, Looker, Tableau, Redshift, NetSuite, and MySQL. The two-way connectivity of Coefficient—as a sidebar to spreadsheets— enables users to instantly import and export live data over business systems, without limits to data sets.
At the heart of Coefficient is its automation-powered spreadsheet workflows, including calculations, auto-filling formulas, auto-mapping fields, pivoting, and charting. With robust data filter options, the solution allows business teams to flexibly update, delete, import or export data records from source systems, in bulk.
Coefficient enables them to dynamically monitor and share live data directly through Slack and email alerts and keep track of their historic data using snapshots.
The software refreshes data automatically and also keeps reports, dashboards, and KPI metrics up-to-date. These upgrades make business teams much more data driven. Coefficient empowers teams to build custom business logics and interfacing. When it comes to pricing, companies can buy the software based on starter, pro and enterprise plans, with varied feature sets.
Beyond these salient features, Coefficient offers free, pre-built dashboard templates for sales utilities such as sales opportunity, pipeline analysis, sales performance, and sales to target. Coefficient is the thread that spans across the modern data stack, eliminating the need for tiresome manual building of reports and dashboards, and freeing up lots of time for business teams to do more inspired tasks.
We are transforming the highly potential Google spreadsheets, that people loved for decades, into new-age app builders
“We always try to hit bull's eye in understanding what our customers’ actual needs are and take a very consumer-centric approach, which is our competitive edge,” states Loiwal.
Substantiating their capabilities is a case study where Coefficient engaged with a renowned logistics company that performs various consumer operations for grocery deliveries. The client’s huge operational team stays on top of customer deals and tickets on a day-to-day basis, but was depending on data analyst teams to interface the siloed customer data. The logistics company leveraged Coefficient to automate their consumer handling tasks and access more real time data. As a result, the client built a custom view for their delivery advisors with connected spreadsheets, and ultimately signed up nearly 200 users.
In its short existence, Coefficient has built a roster of clients ranging from start-ups to public companies. The company is gaining ground with solid validation of its software in Japan, India, the Middle East Africa, and North and South America, in just one year. Projected to grow at an impressive rate this year, Coefficient is aiming to ramp up marketing and scalability to educate people about its next-gen solution.