Reduce your reliance on spreadsheets

  • Automate key finance processes
  • Reduce risk of human error
  • Improve decision making speed and accuracy

Why do finance teams love spreadsheets?

There is something quite comforting and familiar with tools like Excel, Google Sheets, etc. Spreadsheets can be very powerful and it's no wonder we turn to them initially to manage our finances. We can create complex formulas, automate calculations and create reports. However, the more complex a spreadsheet is, the more fragile it becomes. Before you know it you're drowning in spreadsheets and you can't keep on top of them anymore.

Why should you move away from relying on spreadsheets?

Spreadsheets take a lot of time to create, run, manage and maintain.

There is a huge risk of human error through manual data entry and re-keying data with spreadsheets.

Spreadsheets make it difficult to collaborate with other colleagues. People often have different versions of the same spreadsheet.

Reporting in spreadsheets is never real-time. You're often making decisions on out of date (and possibly inaccurate) data.

Watch Now

Financial Transformation Live: Breaking the Excel addiction: Are you over-reliant on spreadsheets?

Watch our on-demand Financial Transformation live session covering spreadsheet addiction to learn about signs you're over-reliant on spreadsheets, the dangers of it and how you can move away from relying on spreadsheets.

Content referenced in the video:

Blog: 10 spreadsheets you shouldn’t have in your finance teams

Webinar: 8 Ways Sage Intacct helps you get rid of Excel Spreadsheets

Spreadsheets are great until they're not

If you're guilty of using spreadsheets for any of the following finance processes you should consider how much it is costing you in comparison to investing in a powerful finance solution that could automate those processes for you.

Revenue Recognition


Month end journals

Fixed Assets

Bank reconciliation
Financial Transformation Live - WorkBook - Excel Spreadsheet Audit

Free Workbook: Excel Audit Template

We've created a template to help you audit or review your spreadsheet usage. Often, businesses don't actually realise just how many spreadsheets are being used within the finance team, not only that but how much time is being spent creating, running, maintaining and managing those spreadsheets.

This review template will help you document what spreadsheets you are using, where they are located and how much time is spent on them per month. It's potentially costing more than you think.

Sage Intacct helped Red Door Interactive replace spreadsheets with automation:

Visibility is where we’ve recognized the biggest gains from switching to Sage Intacct—its drill down capabilities are night and day compared with Dynamics, and we love Sage Intacct’s permissions-based dashboards. I save days of report preparation each month because we’ve created helpful self-service dashboards where our executives, client services team, and department heads can find relevant, timely business insight on demand.
Natalie Bonczek, Controller, Red Door Interactive

Transform your finance team with Sage Intacct's powerful automation capabilities

Sage Intacct is Sage's new flagship accounting solution. Built on the Cloud, Sage Intacct offers powerful real-time reporting, an out of the box integration with Salesforce, and multi-dimensional accounting. Sage Intacct helps customers improve their close process and reduce their consolidation time, enabling businesses to gain visibility across a variety of dimensions and allowing businesses to scale easily.

Explore Sage Intacct

On-demand Webinar

8 Ways Sage Intacct can help you get rid of Spreadsheets

Join us as we explore the different ways Sage Intacct can help you move away from spreadsheets. We show you 8 processes you may currently be using spreadsheets for, and how you can automate and streamline those processes with Sage Intacct, saving you both time and money.