A system and method for managing a spreadsheet are disclosed. The method may include comparing two or more data statements, retrieving data from a portion of one of the data statements based on the comparison, and storing the data in a data cell of a standardized spreadsheet. The standardized spreadsheet may be a financial industry model spreadsheet and the data statements may be financial statements. The portion of the data statement may be one or more data cells of a spreadsheet or a spatial portion of a digital image. The method may further include retrieving mapping data associated with the data cell of the standardized spreadsheet. The mapping data may include identity data, such as location data of the portion, a mathematical equation or formula using such identity data, and an identifier, such as a numeric value or text label, associated with the one or more data cells of the standardized spreadsheet.