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After 31 Years of Spreadsheets, It’s Time to Move On

"This begs the question of whether our collective reliance on spreadsheets is out of habit, necessity or fear of change."

This is the focal point of an article by John O’Rourke on the FEI daily: http://daily.financialexecutives.org/31-years-spreadsheets-time-move/

If your accounting system was "juiced" up with what is called enterprise performance management (EPM) solutions, could you forgo your spreadsheet OR will there always be a need for spreadsheets no matter what the accounting system is able to provide?

Answers

Tiberiu Ghioca
Title: Product Manager
Company: RationalPlan
(Product Manager, RationalPlan) |

If you are strict to the accounting system then probably I would not need spreadsheets anymore. But I doubt that there will ever be such a system that is so flexible to let you use it for everything... Different companies have different needs.

Topic Expert
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO, SBAConsulting.com) |

What about a library of spreadsheets that can be tied to your accounting system (read-only) that are interlinked where logical (another words configurable/customizable bolt-on sheets?

Tiberiu Ghioca
Title: Product Manager
Company: RationalPlan
(Product Manager, RationalPlan) |

What about them? What you are proposing is still a system depending on spreadsheets.

Topic Expert
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO, SBAConsulting.com) |

Yes and no. One could say that a spreadsheet tied into an accounting system is just an extension of the report writer.

The accounting system is the database of record, not the spreadsheet.

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