Excel is a fantastic tool, but for growing businesses it can become a brake on efficiency.
Error-prone
The larger your spreadsheets, the greater the chance of errors. One wrong formula can have major consequences.
Collaboration
Multiple people working in the same file leads to conflicts and version problems.
Scalability
Excel becomes slow with large amounts of data. Complex calculations take increasingly more time.
When to switch?
If you find you're spending more time maintaining spreadsheets than on your actual work, it's time for a better system.