For sale: Want to own a business forum ? Submit your sealed bid to acquire businessforum.uk

By using Apprenticeforums services you agree to our Cookies Use and Data Transfer outside the EU.
We and our partners operate globally and use cookies, including for analytics, personalisation, ads and Newsletters.

  • Join our UK Small business Forum

    Helping business owners with every day advice, tips and discussions with likeminded business owners. Become apart of a community surrounded by level headed business folk from around the UK


    Join us!

Is it realistic to expect automation to replace spreadsheets for account reconciliation?

J

jakemiller98

New Member
Spreadsheets still sit at the centre of our reconciliation process, even though everyone agrees they are fragile and hard to manage at scale. At the same time, moving away from them feels risky because the team knows them well.

We are testing whether tools like Collatio Accounts Reconciliation software can realistically replace spreadsheets for day-to-day reconciliation work without introducing new complexity.

For other business owners:
  • Have you successfully moved away from spreadsheets for reconciliation?
  • What were the biggest challenges in changing the process?
 
Top