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  3. $16bn health agency managed finances with Excel spreadsheet.

$16bn health agency managed finances with Excel spreadsheet.

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  • S [email protected]

    Only those with no experience in corporate finance will find this surprising.

    Excel is a powerful tool. The only ones who ridicule it are idiots who don't understand anything.

    anunusualrelic@lemmy.worldA This user is from outside of this forum
    anunusualrelic@lemmy.worldA This user is from outside of this forum
    [email protected]
    wrote on last edited by
    #44

    You can do almost everything with excel. Should you do almost everything with excel? Definitely not.

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    • X [email protected]

      Setting up an ERP can also be completely botched if the company's representatives don't fully grasp all the functions needed. What I've been going through as a customer of an ERP suite is that the "stars" of the software don't actually understand the other 50% of functions outside their department. That remaining 50% is distributed among 4 other departments, so representation wasn't exactly prioritized. Add in high turnover circa 2021 and the whole thing is logistical nightmare that finally at least has a goal in sight.

      The other underlying issue is the existing forms usually lack what we need and have too much fluff. Once our ERP partner modifies it, the ERP developer drops all support for that form. We get zero help when it gets mystery glitches.

      So yeah, I can get why some places say fuck it and stick with excel. Half the workforce knows excel well enough to write what they need. Take 10% of them to format and lock down spreadsheets so the other 50% of the workforce can just fill in boxes and pick drop downs. It just works.

      All that to say, I both expect more form a Healthcare company but also am not surprised.

      B This user is from outside of this forum
      B This user is from outside of this forum
      [email protected]
      wrote on last edited by
      #45

      Yeah, the requirements should also be clear - or at least clear before any sort of implementation starts. Defining the requirements is a large part of what our consultants do and the more experienced ones know how to ask questions to get perspectives of people other than the "stars". Takes months usually to get things to where us developers can get started on anything. We've built some hella cool shit for some customers but then you look at the git history and realize that it took the customer over a YEAR to go live. They must've easily invested six figures getting this ERP just right for their needs. Automatic imports from other software they use, lots of customizations, including some brand new in-erp apps. They're loving it so far. But you don't get this without considering a bunch of people's needs.

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      • S [email protected]

        SAP is super strict at least, it will just ignore you. Excel will let you fuck everything or help you in doing so.

        F This user is from outside of this forum
        F This user is from outside of this forum
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        wrote on last edited by
        #46

        Lol my company has a "no sort" policy. Many key docs just self destruct if you sort.

        S 1 Reply Last reply
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        • driving_crooner@lemmy.eco.brD [email protected]

          Also in finance, hate excel, use python for everything, all my scripts still end with pd.to_excel() because I'm not the only person on the company.

          P This user is from outside of this forum
          P This user is from outside of this forum
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          wrote on last edited by
          #47

          Interesting, never thought about using python as an excel replacement. Definitely wouldn't work in my current work setting. But I just started taking a python class and I'll have to keep this in mind.

          driving_crooner@lemmy.eco.brD 1 Reply Last reply
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          • F [email protected]

            Lol my company has a "no sort" policy. Many key docs just self destruct if you sort.

            S This user is from outside of this forum
            S This user is from outside of this forum
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            wrote on last edited by
            #48

            Can you not export to excel? Tbh Im new to it and it is so all encompassing I am basically lurking around outside

            F 1 Reply Last reply
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            • S [email protected]

              Can you not export to excel? Tbh Im new to it and it is so all encompassing I am basically lurking around outside

              F This user is from outside of this forum
              F This user is from outside of this forum
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              wrote on last edited by
              #49

              You can copy and paste values to another workbook and sort but it'll kill almost all the useful information. We've got these massive docs that reference numerous tabs and populate parent+children lines. It's an absolute mess and takes 6 months of training, I look at it as job security lol

              S S 2 Replies Last reply
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              • F [email protected]

                You can copy and paste values to another workbook and sort but it'll kill almost all the useful information. We've got these massive docs that reference numerous tabs and populate parent+children lines. It's an absolute mess and takes 6 months of training, I look at it as job security lol

                S This user is from outside of this forum
                S This user is from outside of this forum
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                wrote on last edited by
                #50

                Oh god, my training has been trial and error

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                • A [email protected]

                  Is it powerful? Yes

                  Is it fast when dealing with large volume of data? No

                  Are the "powerful" features intuitive to new users? Also no.

                  Source: I use Excel, Python, SQL for job

                  L This user is from outside of this forum
                  L This user is from outside of this forum
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                  wrote on last edited by
                  #51

                  To be fair I think Excel is faster to get a novice up to speed than teaching them to program

                  Source: Manage SQL database infrastructure for a living

                  S 1 Reply Last reply
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                  • F [email protected]

                    You can copy and paste values to another workbook and sort but it'll kill almost all the useful information. We've got these massive docs that reference numerous tabs and populate parent+children lines. It's an absolute mess and takes 6 months of training, I look at it as job security lol

                    S This user is from outside of this forum
                    S This user is from outside of this forum
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                    wrote on last edited by
                    #52

                    Surely it would be cheaper to hire a dev for 6 months to put it into a proper database.

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                    • L [email protected]

                      To be fair I think Excel is faster to get a novice up to speed than teaching them to program

                      Source: Manage SQL database infrastructure for a living

                      S This user is from outside of this forum
                      S This user is from outside of this forum
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                      wrote on last edited by
                      #53

                      Surely its not any harder than teaching them basic SQL.

                      L 1 Reply Last reply
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                      • S [email protected]

                        Surely its not any harder than teaching them basic SQL.

                        L This user is from outside of this forum
                        L This user is from outside of this forum
                        [email protected]
                        wrote on last edited by
                        #54

                        I guess it depends on what you define as "basic SQL". Because most people are already used to working with desktop apps, and familiar with the office programs specifically.

                        You'd essentially have to teach them programming. Its like when people say "terminal is better than GUI" (it's me, I say that) but then you forget about all of the people who don't know the difference between a desktop and a modem

                        S 1 Reply Last reply
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                        • B [email protected]

                          It's because you're supposed to customize them, not use as-is. We've had a lot of happy customers. Some send us gifts! But for the first year or maybe even couple of years, you probably pay more to your partner for implementation, customizations and advice than to the ERP developer for licensing.

                          ERPs aren't for every company, different ERPs work best for different companies and different partners themselves have their own specializations. The one I work through (used to work for, but now I have my own company and just contract for them), does small to medium sized production companies. Think 5-200 employees usually. The ERP we work with is meant to cover every imaginable use case - which is why it doesn't have enough depth. We add a bunch of stuff that isn't there OOTB, sometimes remove things in default modules, etc.

                          But first you NEED an ERP partner to make the most of it. At ours the CEO is also the biggest salesman. He's not afraid to tell you if he doesn't think it's a good fit. A bad partner will still try to sell you and that's going to end up in disappointment for everyone.

                          G This user is from outside of this forum
                          G This user is from outside of this forum
                          [email protected]
                          wrote on last edited by
                          #55

                          It sounds like JDE. My company uses it, but they don't even use all of the built in features. They do a bunch of stuff manually that they could just do with the software they're paying for.

                          B 1 Reply Last reply
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                          • L [email protected]

                            I guess it depends on what you define as "basic SQL". Because most people are already used to working with desktop apps, and familiar with the office programs specifically.

                            You'd essentially have to teach them programming. Its like when people say "terminal is better than GUI" (it's me, I say that) but then you forget about all of the people who don't know the difference between a desktop and a modem

                            S This user is from outside of this forum
                            S This user is from outside of this forum
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                            wrote on last edited by
                            #56

                            It wouldn't be hard to teach them a graphical representation of SQL, something like Access I guess. Teach them concepts like joins and where clauses, and give them software that abstracts that a bit.

                            Then add some Excel-like features on top. Everything would end up being SQL at the end of the day, and sysadmins could then tune things to keep them fast (e.g. replicate DBs so poorly optimized queries don't hurt the whole org, esp. if a dept only needs read access).

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                            • G [email protected]

                              It sounds like JDE. My company uses it, but they don't even use all of the built in features. They do a bunch of stuff manually that they could just do with the software they're paying for.

                              B This user is from outside of this forum
                              B This user is from outside of this forum
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                              wrote on last edited by
                              #57

                              Odoo actually. You more or less can't use all the features, there's too many. That doesn't mean it's the best ERP, it just tries to be a true generalist, which means it needs lots of customizations usually.

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                              • S [email protected]

                                Only those with no experience in corporate finance will find this surprising.

                                Excel is a powerful tool. The only ones who ridicule it are idiots who don't understand anything.

                                P This user is from outside of this forum
                                P This user is from outside of this forum
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                                wrote on last edited by
                                #58

                                Excel is a fantastic tool. It is however not a database.

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                                • S [email protected]

                                  Only those with no experience in corporate finance will find this surprising.

                                  Excel is a powerful tool. The only ones who ridicule it are idiots who don't understand anything.

                                  G This user is from outside of this forum
                                  G This user is from outside of this forum
                                  [email protected]
                                  wrote on last edited by
                                  #59

                                  Anything Turing-complete is a powerful tool, but the reason people are reacting negatively is because of how much of the wrong tool it is.

                                  • Does an excel-based solution offer adequate runtime performance? No
                                  • Does an excel-based solution offer adequate write concurrency? No
                                  • Does an excel-based solution offer appropriate data durability guarantees? No

                                  Basically the only saving grace of Excel-based solutions is that they are built in tools that finance workers comprehend, and that is quite simply not enough. To base systems at this scale on Excel is criminally negligent.

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                                  • S [email protected]

                                    Only those with no experience in corporate finance will find this surprising.

                                    Excel is a powerful tool. The only ones who ridicule it are idiots who don't understand anything.

                                    S This user is from outside of this forum
                                    S This user is from outside of this forum
                                    [email protected]
                                    wrote on last edited by
                                    #60

                                    It’s a powerful tool that you shouldn’t use as a book keeping tool and ledger for a company that manages $16B. And I’ve worked on a trading floor of a big energy company. Excel was only used within departments as a tool for the employees not as the entire companies financial administration.

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                                    • P [email protected]

                                      Interesting, never thought about using python as an excel replacement. Definitely wouldn't work in my current work setting. But I just started taking a python class and I'll have to keep this in mind.

                                      driving_crooner@lemmy.eco.brD This user is from outside of this forum
                                      driving_crooner@lemmy.eco.brD This user is from outside of this forum
                                      [email protected]
                                      wrote on last edited by
                                      #61

                                      Once you get the basics of Python, you need to learn the Pandas library. Also, check out Jupyter notebooks right now, is going to make your life easier.

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