Wednesday May 08, 2024

🥊 Excel vs Software Battle: Fighting it Out Over the Future of Accounting Tech

- Heather Smith moderates a debate between accounting software pioneer Michael Wood and tech strategist John Toon on the pros and cons of Excel vs Software

- Michael argues that while Excel excels for individual tasks, software is better suited for collaboration and building efficient workflows for businesses

- John counters that users, not the tools, are often to blame for Excel's downfalls, and that Excel can effectively replace basic accounting tasks for some clients 

- The debate weighs the impact of tools on practice efficiency, profitability, and eventual sale value, with both sides acknowledging Excel's enduring relevance alongside advancing software

- Listeners are polled on the winning side to much debate, highlighting the complexities of choosing the right tools for each accounting need

Michael Wood https://www.linkedin.com/in/michaelwood/ 

https://www.translucent.io/ 

 

John Toon https://www.linkedin.com/in/johntoon/ 

Podcast https://digitoolsinaccrual.world/ 

Community https://www.digital-disruptors.com/ 

Beever and Struthers https://www.beeverstruthers.co.uk/ 

Contact details:

Accounting Apps newsletter: http://HeatherSmithAU.COM

Accounting Apps Mastermind: https://www.facebook.com/groups/XeroMasterMind 

LinkedIn: https://www.linkedin.com/in/HeatherSmithAU/ 

YouTube Channel: https://www.youtube.com/ANISEConsulting 

X: https://twitter.com/HeatherSmithAU 

 

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