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/
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