EPISODE · May 8, 2024 · 29 MIN
🥊 Excel vs Software Battle: Fighting it Out Over the Future of Accounting Tech
from Accounting Apps Podcast · host Heather Smith | Accountant and Storyteller
- 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
What this episode covers
- 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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🥊 Excel vs Software Battle: Fighting it Out Over the Future of Accounting Tech
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