How Many Spreadsheets Does Your Finance Team Rely on During Close? We Recently Dug Into This — and The Numbers Shocked Us
Sebastian Perez-Lawrence•
How many spreadsheets does your finance team rely on during close? We recently dug into this — and the numbers shocked us:
- SMBs: 10–50 spreadsheets
- Mid to Large Enterprises: 50–200
- Global Enterprises: 200+
Even with SaaS tools like ERPs and FP&A platforms, spreadsheets remain the backbone of financial workflows — often hidden in plain sight. These "shadow fleets" power reconciliations, segment forecasts, and support schedules.
But they also introduce serious risks:
- Version confusion
- Broken formulas
- Unauthorized edits
- Delayed decisions
- SOX compliance gaps
This is exactly why we built Rockhopper Inc. — to help finance teams audit, track, and eliminate spreadsheet chaos. We're building the layer of trust between your spreadsheets and your systems.
