Spreadsheets stay essential in finance even as advanced tools proliferate. They handle specific M&A cases and privacy concerns that other software can't solve. A look at why the old tool refuses to die.
You'll price spreadsheets out of our cold, dead hands. What finance people say and that doesn't mean you can still have a tool. Many tools do a great job of integrating with spreadsheets and allowing you to work bidirectionally. Work both in a spreadsheet and in a tool. This isn't always an either or. And as I like to say, just because you have a tool doesn't mean you've got rid of the spreadsheet. You're still going to use it for edge cases. There's still situations where it makes sense where you should use a spreadsheet. I'm doing an M and A activity, and I don't have all the data from the other company. I want to keep it very private. I don't want it in my mouth. There's probably a lot of reasons to just do that all in a spreadsheet and keep it separate.
Trust and Leadership Lessons for FP&A From 100+ Top Leaders with CFO Jon Laudie
