Google Sheets is the way to go for team collaboration
Use Cases and Deployment Scope
We use Google Sheets for period closing checklist, schedule building/updating, invoice analysis, P&L review/anaysis and across the company. The good thing about Google Sheets is the history audit trail so you can see who changes what and when. You can also protect certain columns, cells to prevent formulas from being changed, while sharing with multiple people you can select different permissions per person.
Pros
- audit trail
- different permissions per person
- integrating with different applications for automation
Cons
- formulas, specifically highlighting duplicating values and removing them (or just one set of duplicated values)
- printing headers, selected cells
- AI help with formulas
Likelihood to Recommend
for period closing checklist my team can go in and update the Google Sheets noting what items have been completed and what items are still pending. Everyone can go in and see the updates in real time to see where we stand with closing. Managing mutiple team members and collebrating is a lot easier with Google Sheets compared to excel