What’s the most soul-crushing part of financial modeling for you?
I’ve been chatting with a bunch of FP&A folks lately, and I’m trying to nail down what actually eats up the most time (and sanity). From what I’ve gathered, it usually boils down to two main headaches:
- Data colletion: Spending way too long just gathering, cleaning, and structuring data from 5 different sources before you can even start the actual modeling. It’s like 80% prep and 20% actual analysis.
- "Idiot-proofing" the model: I’ve heard this a lot from the consulting side - spending hours stress-testing everything because you know the end-user is going to find some creative way to break the model the moment they touch it.
Does this match your experience? Or is there something even worse that I’m missing?