May 8, 2024
- 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/
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:
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YouTube Channel: https://www.youtube.com/ANISEConsulting
X: https://twitter.com/HeatherSmithAU