Compare
Lekhya vs Excel working papers.
Excel is not the enemy here. It is the default, and for some files it is still the right tool. This page is about exactly where that stops being true.
| Dimension | Excel | Lekhya |
|---|---|---|
| Matching and reconciliation | VLOOKUP/INDEX-MATCH built fresh per engagement, or copied from last year and quietly broken by a changed column order. | Matching and reconciliation run as a configured procedure across the full population, the same way every time it runs. |
| Sample vs population | A sample, because testing every row by hand does not scale past a few hundred transactions. | The full population is tested; nothing is excluded by the act of sampling. |
| Evidence linkage | A tickmark and a reference to a PDF filed somewhere in a shared folder, found again by memory. | Every figure links to the specific document and page it came from, retrievable directly from the finding. |
| Version control | Whoever saved last wins. Two reviewers working the same file at once is a known way to lose a day's edits. | One file, with a recorded history of who changed what. Concurrent review does not overwrite anyone's work. |
| Review trail | Comments and highlighted cells, which do not survive a copy-paste into next year's template. | Review notes and sign-off are structured data attached to the finding, carried forward on rollforward. |
| Where it's genuinely fine as-is | A one-off engagement, a very small transaction count, or a procedure performed once and never repeated. | The same procedure repeated across many engagements and years, where consistency and traceability compound in value. |
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