Akkuro | Composable Banking | Insights

Akkuro Lending vs. Excel: why modern financial spreading wins

Written by Jamie Burink | July 28, 2025

Akkuro Lending offers a secure, scalable and automated alternative to Excel - purpose-built for modern lending workflows. The result? Faster decisions, fewer errors and complete data control. 

The limitations of Excel in financial spreading 

Financial spreading is central to assessing creditworthiness. But when institutions rely on Excel to extract and analyze financial data, the cracks show quickly. 

Manual entry, versioning issues and inconsistent formulas turn Excel into a bottleneck. As data volumes grow, so do the risks - from inaccurate credit decisions to failed audits. 

Excel might feel familiar, but it is holding teams back from working faster, smarter and more securely.

 

Modern spreading needs modern tools 

Institutions today need real-time insights, standardized reports and seamless system integration. Excel can not deliver on any of these fronts. 

As loan volumes and data complexity increase, outdated tools create unnecessary drag. An automated platform ensures your data remains reliable, auditable and accessible - all in one place. It’s time to move beyond spreadsheets.