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I know of a retail bank using a huge and complex Excel spreadsheet for their entire loan approvals process. Did it have bugs? No-one knew.
by inopinatus 10y ago
I know of a retail bank using a huge and complex Excel spreadsheet for their entire loan approvals process.
Did it have bugs? No-one knew.
- walterstucco 10y agocould be the same Bank I know where they use excel for everything
- ayuvar 10y agoI can personally guarantee you it is literally every bank. Even if they have a fancy tool, someone is using an Excel spreadsheet to figure out how to subvert it.
- bsg75 10y ago> Did it have bugs? No-one knew. And there is the reason Excel (and spreadsheets in general) are dangerous.
- gokhan 10y agoI've seen software specifically made to tackle such complex processes and they were buggy as hell. And I've seen 100+ connected Excel spreadsheets managing $500M+ yearly transactions of the buying department of a white goods manufacturer, it was a work of art.