I am signed up for a weekly newsletter from cfo.com. This week's article talks about some of the drawbacks of using Excel as companies grow. It has some very good info that we should consider when talking with CFO's or Finance Managers in larger companies. Definitely worth the read.
A few quotes stuck out to me:
"As a company scales, the spreadsheet software can impede finance’s pursuit of efficiency."
"For CFOs, it’s a reminder. Corporate finance departments default to Excel to perform many functions and perform them well. But there’s always the potential to overlook and ignore better tools."