In many companies, the Chief Financial Officer still spends a considerable amount of time managing Excel exports. Every week, they download files from different departments, gather the data into multiple spreadsheets, and try to consolidate everything to produce a reliable report. This manual work is time-consuming, repetitive, and above all extremely fragile. As soon as a department forgets to update its file, a formula breaks, or a new version circulates by email, the financial manager ends up with data that is incomplete, inconsistent, or simply wrong.
This situation leads to significant time loss and reduces the quality of financial oversight. Instead of focusing on analysis, decision-making, and strategy, the financial manager spends their days checking cells, fixing version errors, and searching for the correct source of truth. The risk of human error increases, deadlines stretch out, and reporting reliability deteriorates.
To solve these issues, more and more companies are choosing to replace Excel with a custom-built tool that can automate reporting. By digitizing processes, all data is retrieved automatically from workshops or internal systems and centralized in a single platform. Reports are generated without manual action, automatically and in real time. The financial manager can then access always-up-to-date indicators, analyze performance without worrying about file quality, and produce reports in just a few clicks.
This automation profoundly transforms financial management: it eliminates errors caused by Excel manipulation, speeds up consolidation, secures data accuracy, and frees up time for higher-value tasks. By replacing Excel with a dedicated solution, the company improves the precision of its analyses, streamlines information flow, and sustainably professionalizes its financial oversight.
