The Dark Side of Excel Spreadsheet Reconciliations

 

 

We all love Excel. Spreadsheets may seem flexible in tracking your accounts data and completing your month-end close process. But do you really know the damage and cost Excel can cause in the month-end close process, to you and your team?

 

If you are a small company owner, there is without doubt that you're very busy just maintaining with the company. Who would like to have the duties to be the owner and also have the books on surface of it? Very few people.

 

If you are a small business owner and you hear the words 'financial controller', you may think of a full time C-level executive with a corner office and six figure salary. Certainly your business doesn't need - and can't afford, a person like that to help you do everything you have been doing quite well on your own.