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Excel VS SQL as Database - My view as a Financial Controller

In this video, I'm sharing my thoughts on using Excel and SQL as a database for financial analysis and management. As a Financial Controller, I've had extensive experience with both Excel and SQL and have seen the pros and cons of each approach. I'll be discussing the benefits and limitations of using Excel as a database, including its ease of use, flexibility, and powerful data analysis tools. However, I'll also highlight the challenges of managing large datasets in Excel and the risks of errors and inconsistencies in data entry. On the other hand, I'll also explore the advantages and drawbacks of using SQL as a database, including its scalability, security, and efficiency. But I'll also discuss the learning curve and complexity involved in setting up and maintaining an SQL database. Ultimately, I'll provide my view on which approach is better suited for financial analysis and management and share my recommendations based on my experience as a Financial Controller. I hope this video provides valuable insights and helps you make an informed decision on choosing the right database approach for your financial needs. Don't forget to like, comment, and subscribe for more finance and data analysis content! #Database #DatabaseForFinance #ExcelVSSQL #CompareExcelSQL MY FAVOURITE GEAR 💻 My Personal Laptop, Legion 5 Pro - https://amzn.to/3nZrn1I ✈️ My Travel Companion, Macbook Air M1 - https://amzn.to/43jLLuE 📷 My Camera Gear, Sony ZV-E10 - https://amzn.to/40T7uIj 🤝 BE MY FRIEND: 🐦 Twitter -   / joelting92   🏢 Linkedin -   / joel-ting   🙎🏻‍♂️ WHO AM I: I'm Joel, an analyst working in Singapore. I make videos about technology, automation and productivity . 📧 GET IN TOUCH: If you'd like to talk, I would love to hear from you. Email me directly at [email protected] would be the quickest way to get a response. I will try my best to reply to your email as soon as possible.