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Every day millions of finance professionals extract data from different platforms and reporting systems into spreadsheets to ask and answer thousands of questions. For many obvious reasons—like the need to dump and compile data and/or perform calculations within a specific data set—Excel is often the go-to tool of choice for piecing a data puzzle together, and performing deeper analysis.
But this leads to using limited subsets of data for ad-hoc analysis, which only yields a glimpse of the answers you seek, and puts you in perpetual, repetitive rebuild and query cycles. It’s clear: the primary hardship with this ingrained manual routine is, of course, time.
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