MS Excel: The Old Friend with New Powers
Digitization is one of the most disruptive force which all kind of organizations are facing. Today, business organizations are trying to adopt digital technologies in order to remain sustainable and relevant. Digitization has significantly changed the way the businesses are done. It has modified the sale and purchase of goods, affected the engagement between sellers and buyers, enhanced the competition, removed the barriers to entry and, at the same time, created new barriers to entry. People in sustainable organizations work on lot of data to gain sufficient business insight in order to produce goods and services which are valued. Accountants are at the helms of affairs when it comes to data processing and analysis. Yet, most of the accountants hate coding and rely on their good old friend – Microsoft Excel. Since the amount of data, that is required to be analysed, is so big, use of Excel in old fashioned way may slow analysis and, resultantly , decisions. It is ti...