The phrase “consolidation, journals, business-critical reporting, and analysis.” is in the actual report referring to multiple spreadsheets (p60). But the Register has reported that as referring to the main spreadsheet. There's no way a top-level consolidated spreadsheet would also be journal entries for low level accounting.
And I note the report is by Deloitte who I trust about as far as I can throw them, although the organisation in question undoubtedly messed up here, Deloitte are angling for a nice juicy government ERP implenmentation lasting years and costing tens of millions
> and was used for “consolidation, journals, business-critical reporting, and analysis.”
Not sure what 'journals' is supposed to mean here but “consolidation, business-critical reporting, and analysis.” does not mean operations day to day use, it means high level management reporting
My position is that the article (or the consultants who are trying to sell the ERP) are exaggerating the role of the spreadsheet.
Replacing this excel sheet with a 'proper' system would cost between $5million and $20million probably, depending on what sort of consultancy delivered it
So actually top level planning/reporting is done by everything flowing into one big spreadsheet - as crappy as that is, thats pretty common. Thats not the same as "managed finances with single Excel spreadsheet". Like, they do have other systems.
https://www.tewhatuora.govt.nz/assets/Uploads/HNZ-Financial-...
The phrase “consolidation, journals, business-critical reporting, and analysis.” is in the actual report referring to multiple spreadsheets (p60). But the Register has reported that as referring to the main spreadsheet. There's no way a top-level consolidated spreadsheet would also be journal entries for low level accounting.
And I note the report is by Deloitte who I trust about as far as I can throw them, although the organisation in question undoubtedly messed up here, Deloitte are angling for a nice juicy government ERP implenmentation lasting years and costing tens of millions