Lessons learned _{Why are the tools we use so important to the work we do?}

_{If the last few years taught us anything, it’s maybe that Excel isn’t the right solution for big decisions. Excel is great for some basic accounting requirements, but it’s a 2-dimensional tool and not an ideal choice for serious financial planning and analysis. Especially when more than one person is involved in the process. But despite this, Excel remains the go-to tool for many organizations. But is this a problem? The issue is portfolio analysis, profit and loss, and scenario planning are all critical components for businesses, and you deserve a more robust FP&A tool to manage your financial requirements.

**Here we consider five key components a comprehensive solution should offer your organization.

Let’s take a look…**}