Whether it’s for daily, weekly, or monthly tasks like revenue analysis, margin tracking, or cash flow forecasts, automation can be a game-changer.
Some may argue that manual work helps uncover errors or aids in analysis, but I see it differently. Automating your files offers numerous benefits:
- Deep understanding: Automating forces you to grasp the intricacies of your processes, including handling exceptions.
- Time savings: You’ll save a lot of time, for sure. Time that can be dedicated to being a business partner, doing non recurring analysis that will make your company move forward (which is not the case with recurring analysis).
- Delegation Ease: Automated files are easier to delegate, freeing up even more of your time.
- Continuous Improvement: With automation in place, you can continuously refine and enhance your files. This will allow to push further the analysis.
- Fastest Way to the End Result: You’ll get faster to the end result and you will spot with more ease potential mistakes. Then, and only then, you need to go into the details.
So, the next time you open a familiar Excel file, consider automating it step by step.
Tomorrow we’ll see exactly how to do it.