For a long time, financial reporting was limited to an essential but restrictive role: producing reliable figures based on accounting data.
Excel add-ins connected to accounting solutions have greatly facilitated this work. However, as companies grow, expectations evolve. Today, finance must do more than simply observe performance: it must actively steer it.
A situation many finance leaders are familiar with
With add-ins, it’s the same scenario every month: Data is extracted, tables are updated, files are shared. The numbers are there. Generally accurate.
But during meetings, the figures are questioned (How were they calculated? Where does the data come from? When was it last updated? etc.).Versions multiply (Month 1, Month 2, YTD, etc.), and analyses arrive too late. Finance ends up spending more time justifying the numbers than actually leveraging them.
Excel remains an excellent individual tool, but a reporting solution like Spoom becomes a collective instrument for strategic steering.
1) Reliable figures with zero risk of error
- A single source of truth
- Centralized and standardized calculation rules
- No risk of unintentional changes when sharing files
👉 Figures are reliable, trusted, and no longer debated.
2) Automated reporting, sustainably maintained over time
- Automatic data feeds
- Reports always up to date, with no manual reprocessing
- Enhancements integrated into your reporting, including your presentations
👉 Reporting becomes a maintained asset, not a file to rebuild every month.
3) Multidimensional analysis, finally accessible
A reporting solution naturally allows you to combine:
- accounting data,
- sales,
- projects,
- cost centers,
- customers or products,
- and other data sources when needed.
👉 You no longer look at an isolated figure, but understand what makes it up.
4) Forecasting and projections to anticipate, not react
- Continuous budget tracking
- Year-end result projections
- Scenario planning and simulations (what-if)
👉 Finance moves from hindsight to anticipation.
5) Frictionless information sharing
- Dashboards accessible to the right people
- One single reporting view for finance, management, and operations
- Clear, actionable KPIs
👉 Information flows freely, without loss of control.
Conclusion
Finance as a strategic co-pilot, powered by reporting that is:
- reliable,
- automated,
- maintained,
- shared,
- and focused on analysis and forecasting.
The finance function fully regains its role: informing decisions and driving performance.
In summary
Excel remains an excellent individual tool, but a reporting solution like Spoom becomes a collective strategic steering instrument.
The real question is no longer: “Do we have our numbers?” But rather: “Do our numbers enable us to make better decisions, faster?”
