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Stop Using Excel, Finance Chiefs Tell Staffs

wsj.com

201–210 of 435 posts

Re: Stop Using Excel, Finance Chiefs Tell Staffs

#201
post #175

There are things that Excel is good for and some that it's not. This article seems like it's blaming the tool instead of the people who are using it incorrectly. Also I laughed when one of the complaints was "Older versions of Excel don't allow multiple users to collaborate on the same document". Well, is that Excel's fault, or should they just go and get the latest version?

IKR. And "On the other hand, older versions of Google Sheets, well, didn't exist"

Re: Stop Using Excel, Finance Chiefs Tell Staffs

#202
I don't think the article is suggesting stop using spreadsheets - it says some companies are adopting "cloud" based solutions that offer collaboration features and other tools.

Not sure if these cloud offerings have the same breadth of features that Excel has as I've never used them, but Workviva seems to be some sort of cloud based spreadsheet and analytics tool.

Re: Stop Using Excel, Finance Chiefs Tell Staffs

#203

This is everywhere. This is the reason I say that every company and organization, whether they realize it or not, needs software engineers. The things that grow (and they do grow rather than being built) in the absence of access to software engineers are overly complex and fragile.

Do software engineers want to work on these problems though? IME, we all love to work on problems one step higher than our current level.

Re: Stop Using Excel, Finance Chiefs Tell Staffs

#204
post #88
post #42

Can anybody think of other examples of products or tools that fall into the category of: “many people use them, even though management tells them not to, because it helps them get stuff done.” I’m not a mechanic, but is WD40 an example? Or maybe some tool like a hand held circular saw, in home construction? And, other examples from the tech world?

Trello. In the last few jobs I've had there's almost always been a developer who has their own personal to do list on a trello board, even if we had robust tracking systems like jira and rally.

Is that such a bad thing though?

Having tickets in JIRA is for the team to track and plan work that needs to be done, not for storing personal garbage.

Re: Stop Using Excel, Finance Chiefs Tell Staffs

#206
post #18

I would argue that the most commonly used programming language is Excel. But few of the people using it realize they're programming. It's a brilliant reactive data programming model that makes intuitive sense to non-technical users. They feel empowered to use it to solve problems right now with a computer. They experiment with it, try things, Google how to do more things- just like any programmer does. And they feel…

Jupyter notebooks are the new Excel

Re: Stop Using Excel, Finance Chiefs Tell Staffs

#207
post #19

Excel shouldn't be used for much other than trivial things: http://www.sciencemag.org/news/2016/08/one-five-genetics-pap... https://www.economist.com/blogs/graphicdetail/2016/09/daily-... he authors found that Microsoft Excel would often interpret “SEPT2”, which corresponds to the gene Septin 2, as “September 2nd”. The programme also tended to mistake identification codes like “2310009E13” for numbers in scientific n…

>Excel is fine for the home user. But the implicit conversions of input data can play havoc with any complex analysis. Can you not turn all of that off (and only need to turn it off once per sheet/file)?

Not really. With care, you can usually get the format right temporarily, but it often changes for non-obvious reasons and there's no way to see that the format is wrong until it mangles your data.

In general, one of the worst things about Excel is there's no obvious way to lock anything to keep it from getting changed by accident.

Re: Stop Using Excel, Finance Chiefs Tell Staffs

#208
post #22

The phrases "avoid data silos" and "we want single source of truth" have been used repeatedly about Excel misuse/abuse/overuse for 20+ years. The WSJ story talks about the complaint but not about the underlying tension between data redundancy vs data manipulation. Excel endures because it's the non-programmer's REPL for data. Like a Lisp REPL, using Excel is nimble and has an instant feedback loop. Click "A-Z" to sor…

Google Sheets and other similar web apps replicate most if not all of the Excel features you just listed, and it's centralized and more than one person can work on it simultaneously.

Re: Stop Using Excel, Finance Chiefs Tell Staffs

#209
Having read the article, I feel as if the headline is a bit misleading and clickbaity.

A more accurate headline in terms of the article's contents would be something like, "Stop Using Excel For ERP, CRM, And Workflow-Based Use Cases, Finance Chiefs Tell Staffs". Or to be extra snarky, "Follow Known Best Practices, Finance Chiefs Tell Staffs".

Not that attention should not be paid to the article's subject matter -- there is SO MUCH wood to chop in terms of helping enterprise customers run their companies better and/or get rid of inefficiency and general jankiness.

Re: Stop Using Excel, Finance Chiefs Tell Staffs

#210
post #179

Earlier quoted context omitted.

Alternatively, use Google Sheets :) Centralized, single source of truth spreadsheets.

Google Sheets is great and makes sense for a lot of vanilla use cases, but even in its current form, doesn't hold a candle to Excel running on a Windows machine when it comes to doing anything even slightly fancy or non-trivial.

That's not true. Like newer versions of Excel, you can use Javascript on Google Sheets now https://developers.google.com/apps-script/guides/sheets It's better than Excel's VBA.

Also Google Sheets has an API for stuff like Python.

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