This is exactly right. I work in investment banking and the reason I believe Excel will never go away is because of how easy it is to follow extremely complex financing structures.
If I build a financial model, the 60 year old CFO needs to be able to understand it and agree with it.
One other aspect is all of the shortcuts and hot keys. If you switched to a different software you’d have to relearn shortcuts that you have been using for several years.
If I build a financial model, the 60 year old CFO needs to be able to understand it and agree with it.
One other aspect is all of the shortcuts and hot keys. If you switched to a different software you’d have to relearn shortcuts that you have been using for several years.