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What is the main limitation of dedicated financial software compared to Excel?

(1 point)
Responses

It is less flexible.
It is less flexible.

It lacks critical features.
It lacks critical features.

It is harder to use.
It is harder to use.

It is prohibitively expensive.
It is prohibitively expensive.

1 answer

The main limitation of dedicated financial software compared to Excel is often considered to be It is less flexible.

Excel provides a high level of customization and flexibility for various financial models and scenarios, while dedicated software may have more rigid structures and predefined functionalities that might not accommodate unique or specialized needs as easily.