It’s always a pleasure to speak to potential customers who love spreadsheets as much as we do. Their flexibility, scalability and familiarity make spreadsheets an invaluable resource and it’s very clear why they’re such a popular choice for finance teams all over the world.
However, it’s undeniable that problems can begin to arise when traditional spreadsheets are stretched beyond their means. In a financial consolidation context, these issues often include versioning difficulties, manual errors from cut-and-pasting entity data into a master copy and generally, time and money wasted.
Some of the spreadsheet devotees we speak to, however, are loyal enough to their beloved Excel that they’re willing to put up with a few niggles here and there and to run the odd risk with their data integrity. Intimidated by the complexity, cost and unfamiliarity of package solutions, they stick with what they know.
We’re here to tell you there’s another way. We call it Cloud CFO and best of all, you get to keep your spreadsheets.
The financial close doesn’t have to be something you dread. You don’t even have to block off March in your diary for headaches and head-desking. Moreover, you don’t need to invest in a big shiny enterprise solution with a six figure price tag, tons of snazzy features you won’t use and unfortunately, pretty low user adoption in the end. We all know you’d be sneaking back to fill in the gaps with Excel anyway.
It also doesn’t need to be ‘not too inconvenient’. ‘Only a day or two each month’. ‘Probably not worth the hassle of changing’.
What if I told you Cloud CFO could streamline and improve your existing process, rather than replace it?
You stick with your existing spreadsheets, we connect them to our secure cloud and fully automate the consolidation and close process. In most cases, we can get you up and running in fewer than three weeks – no clunky installation, just a few weeks for us to craft you a tailor-made solution.
In terms of cost, it’s a lot less than you’d think. We charge a very affordable flat subscription per user per month. If you’re one of those who think that your current spreadsheet situation will do, even assuming you currently scramble to get your monthly close process done in under a day, consider what your own time is worth.
Whether you’re a CFO, FD or accountant, you’re highly trained and experienced and your time is valuable – it stands that you have a lot to gain if it could take seconds rather than days to pull together accurate reports.
We cover Cloud CFO in more depth here. Click here to get in touch if you’d like to hear a little more about how we can help.