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	<title>Spreadsheet &#8211; Sarah Schlott</title>
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	<title>Spreadsheet &#8211; Sarah Schlott</title>
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		<title>Confessions of a Tired FP&#038;A Analyst</title>
		<link>https://sarahgschlott.com/confessions-of-a-tired-fpa-analyst/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=confessions-of-a-tired-fpa-analyst</link>
		
		<dc:creator><![CDATA[Sarah Schlott]]></dc:creator>
		<pubDate>Wed, 27 Aug 2025 19:44:47 +0000</pubDate>
				<category><![CDATA[FP&A]]></category>
		<category><![CDATA[Forecast]]></category>
		<category><![CDATA[Spreadsheet]]></category>
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]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>You Won’t Believe What This IF Statement Did to My Marriage</title>
		<link>https://sarahgschlott.com/you-wont-believe-what-this-if-statement-did-to-my-marriage/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=you-wont-believe-what-this-if-statement-did-to-my-marriage</link>
		
		<dc:creator><![CDATA[Sarah Schlott]]></dc:creator>
		<pubDate>Thu, 07 Aug 2025 02:25:00 +0000</pubDate>
				<category><![CDATA[Excel]]></category>
		<category><![CDATA[IF Statement]]></category>
		<category><![CDATA[Marriage]]></category>
		<category><![CDATA[Spreadsheet]]></category>
		<guid isPermaLink="false">https://sarahgschlott.com/?p=4782</guid>

					<description><![CDATA[IF(logic_test, value_if_true, value_if_false) Was it the logic test?Was it the value_if_false?Or was it me? Hard to say now, sitting on the couch next to a husband who won’t make eye contact, because apparently, I “weaponized Excel again.” But I know this: somewhere between “just a quick model update” and “you built what??” I lost the [&#8230;]]]></description>
										<content:encoded><![CDATA[<h2 data-start="383" data-end="434">IF(logic_test, value_if_true, value_if_false)</h2>
<p data-start="435" data-end="502">Was it the logic test?<br data-start="457" data-end="460" />Was it the value_if_false?<br data-start="486" data-end="489" />Or was it me?</p>
<p data-start="504" data-end="635">Hard to say now, sitting on the couch next to a husband who won’t make eye contact, because apparently, I “weaponized <a href="https://sarahgschlott.com/top-10-principles-for-transforming-fpa-towards-long-term-value-creation/">Excel</a> again.”</p>
<p data-start="637" data-end="741">But I know this: somewhere between “just a quick <a href="https://sarahgschlott.com/how-to-make-your-fpa-function-a-strategic-partner-not-a-reporting-machine/">model</a> update” and “you built what??” I lost the thread.</p>
<h2 data-start="748" data-end="796">It Started Like All Great Love Stories Do:</h2>
<p data-start="797" data-end="844">With conditional formatting and quiet judgment.</p>
<p data-start="846" data-end="998">He asked if I wanted to watch a movie.<br data-start="884" data-end="887" />I said, “Sure—right after I fix this lookup logic.”<br data-start="938" data-end="941" />He said, “It’s Saturday.”<br data-start="966" data-end="969" />I said, “It’s quarter-close.”</p>
<p data-start="1000" data-end="1077">He made that face. The one that says, <em data-start="1038" data-end="1077">“I married a <a href="https://sarahgschlott.com/how-to-make-your-fpa-function-a-strategic-partner-not-a-reporting-machine/">spreadsheet</a> with Wi-Fi.”</em></p>
<p data-start="1079" data-end="1154">I should’ve stopped right there.<br data-start="1111" data-end="1114" />But no. I had one more formula to write.</p>
<h2 data-start="1161" data-end="1195">The IF Statement That Broke Us</h2>
<p data-start="1197" data-end="1234">It was a simple one.<br data-start="1217" data-end="1220" />Elegant, even.</p>
<div class="contain-inline-size rounded-2xl relative bg-token-sidebar-surface-primary">
<div class="flex items-center text-token-text-secondary px-4 py-2 text-xs font-sans justify-between h-9 bg-token-sidebar-surface-primary select-none rounded-t-2xl">excel</div>
<div class="sticky top-9">
<div class="absolute end-0 bottom-0 flex h-9 items-center pe-2">
<div class="bg-token-bg-elevated-secondary text-token-text-secondary flex items-center gap-4 rounded-sm px-2 font-sans text-xs"></div>
</div>
</div>
<div class="overflow-y-auto p-4" dir="ltr"><code class="whitespace-pre! language-excel">=IF(Budget&gt;Actual,"We’re fine","We’re screwed")<br />
</code></div>
</div>
<p data-start="1298" data-end="1372">I added it to our shared <a href="https://sarahgschlott.com/implementing-zero-based-budgeting-in-fpa-a-10-step-guide/">budget</a> sheet like a passive-aggressive valentine.</p>
<p data-start="1374" data-end="1439">He looked at the cell.<br data-start="1396" data-end="1399" />Then at me.<br data-start="1410" data-end="1413" />Then said, “Are we… okay?”</p>
<p data-start="1441" data-end="1496">Naturally, I panicked and pivoted to a <a href="https://sarahgschlott.com/the-5-most-common-mistakes-i-see-in-financial-models-and-how-to-fix-them/">cash flow</a> chart.</p>
<h2 data-start="1503" data-end="1531">Reader, We Were Not Okay</h2>
<p data-start="1533" data-end="1710">Here’s what no one tells you:<br data-start="1562" data-end="1565" />A marriage runs on trust, communication, and the mutual understanding that you <em data-start="1644" data-end="1651">don’t</em> model your partner’s behavior like a SaaS retention curve.</p>
<p data-start="1712" data-end="1722">But I did.</p>
<p data-start="1724" data-end="1908">I had tabs.<br data-start="1735" data-end="1738" />I had <a href="https://sarahgschlott.com/implementing-zero-based-budgeting-in-fpa-a-10-step-guide/">scenario</a> planning.<br data-start="1762" data-end="1765" />I had a rolling 12-month <a href="https://sarahgschlott.com/how-to-make-your-fpa-function-a-strategic-partner-not-a-reporting-machine/">forecast</a> for his mood based on sleep, screen time, and the number of Amazon packages that arrived without explanation.</p>
<p data-start="1910" data-end="1997">At some point, I stopped being a wife and started being RevOps with a marriage license.</p>
<h2 data-start="2004" data-end="2056">Love Languages: Words, Touch, and Dynamic Ranges</h2>
<p data-start="2058" data-end="2144">He said I never unplugged.<br data-start="2084" data-end="2087" />I said he never appreciated the magic of cell protection.</p>
<p data-start="2146" data-end="2275">He said I was emotionally unavailable.<br data-start="2184" data-end="2187" />I said, “That’s because you keep overwriting my <a href="https://sarahgschlott.com/the-5-most-common-mistakes-i-see-in-financial-models-and-how-to-fix-them/">assumptions</a> without logging the change.”</p>
<p data-start="2277" data-end="2357">He asked why I built a slicer for our arguments.<br data-start="2325" data-end="2328" />I asked why he didn’t use it.</p>
<p data-start="2359" data-end="2414">He walked away.<br data-start="2374" data-end="2377" />I conditional formatted the door red.</p>
<h2 data-start="2421" data-end="2443">I Tried Everything</h2>
<ul>
<li data-start="2447" data-end="2496">Added a “Feelings” column to the grocery list</li>
<li data-start="2499" data-end="2543">Built a Gantt chart for household chores</li>
<li data-start="2546" data-end="2621">Created a dashboard labeled “State of the Union (Emotional, Not Federal)”</li>
</ul>
<p data-start="2623" data-end="2693">But no matter how many <a href="https://sarahgschlott.com/how-small-excel-tweaks-can-save-you-hours-in-month-end-reporting/">formulas</a> I wrote, none of them could solve for:</p>
<div class="contain-inline-size rounded-2xl relative bg-token-sidebar-surface-primary">
<div class="flex items-center text-token-text-secondary px-4 py-2 text-xs font-sans justify-between h-9 bg-token-sidebar-surface-primary select-none rounded-t-2xl">
<p>Excel</p>
</div>
<div class="overflow-y-auto p-4" dir="ltr"><code class="whitespace-pre! language-excel">=IF(Trust&lt;1,"Therapy","Barely Coping")<br />
</code></div>
</div>
<p data-start="2748" data-end="2807">Turns out, no one wants to be indexed like a balance sheet.</p>
<h2 data-start="2814" data-end="2836">The Breaking Point</h2>
<p data-start="2838" data-end="2862">He opened my hidden tab.</p>
<p data-start="2864" data-end="2926">The one labeled: <strong data-start="2881" data-end="2926">“Scenario_Analysis_Divorce_V2_FINAL.xlsx”</strong></p>
<p data-start="2928" data-end="3055">In my defense: it was just a sensitivity test.<br data-start="2974" data-end="2977" />In his defense: I had drop-downs for custody schedules and visitation <a href="https://sarahgschlott.com/rolling-forecasts-vs-budgets-what-high-performing-teams-get-right/">budgets</a>.</p>
<p data-start="3057" data-end="3152">He asked if this was some kind of sick joke.<br data-start="3101" data-end="3104" />I told him it was actually a really clean model.</p>
<p data-start="3154" data-end="3221">He did not find it funny.<br data-start="3179" data-end="3182" />Not even the slicer with emoji ratings.</p>
<h2 data-start="3228" data-end="3242">Postmortem</h2>
<p data-start="3244" data-end="3315">What ended our marriage wasn’t infidelity, money problems, or politics.</p>
<p data-start="3317" data-end="3381">It was an IF statement.<br data-start="3340" data-end="3343" />And the spreadsheet that came with it.</p>
<p data-start="3383" data-end="3583">Because IF statements are only as good as the logic that underpins them.<br data-start="3455" data-end="3458" />And if your whole relationship is a nested set of assumptions you never check in with, eventually one of them will error out.</p>
<p data-start="3585" data-end="3606">Quietly. Permanently.</p>
<h2 data-start="3613" data-end="3631">What I Learned</h2>
<p data-start="3633" data-end="3725"><strong data-start="3633" data-end="3673">1. Love doesn’t work on logic gates.</strong><br data-start="3673" data-end="3676" />You can’t automate intimacy. Trust has no toggle.</p>
<p data-start="3727" data-end="3873"><strong data-start="3727" data-end="3801">2. “Technically right” is the fastest path to being emotionally wrong.</strong><br data-start="3801" data-end="3804" />Just because your model balances doesn’t mean your relationship does.</p>
<p data-start="3875" data-end="4011"><strong data-start="3875" data-end="3940">3. If you’re modeling your partner, you’ve already lost them.</strong><br data-start="3940" data-end="3943" />Especially if the file is titled “Annual Reforecast – Married Life.”</p>
<h2 data-start="4018" data-end="4035">Sooo&#8230;</h2>
<p data-start="4037" data-end="4123">Next time you find yourself staring at a spreadsheet instead of your spouse, remember:</p>
<p data-start="4125" data-end="4299">No one wants to be IF’d into affection.<br data-start="4164" data-end="4167" />No one wants their love life version-controlled.<br data-start="4215" data-end="4218" />And no one wants to compete with a perfectly formatted pivot table for attention.</p>
<p data-start="4301" data-end="4398">Choose the moment.<br data-start="4319" data-end="4322" />Close the file.<br data-start="4337" data-end="4340" />And maybe, just maybe—stop putting your marriage in Excel.</p>
]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>How to Make Your FP&#038;A Function a Strategic Partner, Not a Reporting Machine</title>
		<link>https://sarahgschlott.com/how-to-make-your-fpa-function-a-strategic-partner-not-a-reporting-machine/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=how-to-make-your-fpa-function-a-strategic-partner-not-a-reporting-machine</link>
		
		<dc:creator><![CDATA[Sarah Schlott]]></dc:creator>
		<pubDate>Thu, 15 May 2025 02:29:01 +0000</pubDate>
				<category><![CDATA[FP&A]]></category>
		<category><![CDATA[Decision-making]]></category>
		<category><![CDATA[Finance team]]></category>
		<category><![CDATA[Forecast]]></category>
		<category><![CDATA[Insights]]></category>
		<category><![CDATA[Model]]></category>
		<category><![CDATA[Operators]]></category>
		<category><![CDATA[Scenario planning]]></category>
		<category><![CDATA[Spreadsheet]]></category>
		<category><![CDATA[Strategic partner]]></category>
		<guid isPermaLink="false">https://sarahgschlott.com/?p=4514</guid>

					<description><![CDATA[I remember the moment I realized our FP&#38;A team had become a reporting machine. It was a Tuesday. 7:43 p.m. I was still in the office. Someone from ops had just Slacked me asking for a version of the Q2 forecast that accounted for a 5% shift in headcount timing. I was on version 17 [&#8230;]]]></description>
										<content:encoded><![CDATA[<p data-pm-slice="1 1 []">I remember the moment I realized our FP&amp;A team had become a reporting machine.</p>
<p>It was a Tuesday. 7:43 p.m. I was still in the office. Someone from ops had just Slacked me asking for a version of the Q2 forecast that accounted for a 5% shift in headcount timing. I was on version 17 of the model. And that didn’t include the copy saved on our shared drive as “Final-Final-v3.”</p>
<p>I was exhausted. The team was frustrated. Our “strategic” insights were buried under 4 hours of <a href="https://sarahgschlott.com/mastering-ai-in-finance-building-expertise-for-a-data-driven-future/">data</a> prep every week.</p>
<p>So I made a decision. I stopped trying to scale through brute force. Stopped saying yes to every custom ask. Stopped treating <a href="https://sarahgschlott.com/mastering-ai-in-finance-building-expertise-for-a-data-driven-future/">finance</a> like a service function.</p>
<p>And started building FP&amp;A into what it should’ve always been: a strategic partner.</p>
<p>But here’s the thing they don’t tell you:</p>
<p>Becoming strategic isn’t about throwing the model out the window. It’s about changing what the model is <em>for</em>.</p>
<p>That shift took us from reactive to proactive, from spreadsheet jockeys to trusted operators. And it taught me a few lessons I still carry into every engagement.</p>
<h2>1. Don’t Just Build the Model—Build the Questions It Answers</h2>
<p>In the early days, our models were designed to <em>calculate</em>. Now, they’re designed to <em>clarify</em>.</p>
<p>The difference? Questions.</p>
<p>Before we touch <a href="https://sarahgschlott.com/top-10-principles-for-transforming-fpa-towards-long-term-value-creation/">Excel</a>, we define the top 3-5 questions the business needs to answer this quarter:</p>
<ul data-spread="false">
<li>Where’s our leverage if <a href="https://sarahgschlott.com/the-5-most-common-mistakes-i-see-in-financial-models-and-how-to-fix-them/">revenue</a> underperforms?</li>
<li>What’s the break-even point by segment?</li>
<li>How long can we delay that next hire?</li>
</ul>
<p>Your model doesn’t need to be complex. It needs to be aligned. The more it’s shaped by real decisions, the more strategic your team becomes.</p>
<h2>2. Elevate the Conversation—Visually and Verbally</h2>
<p>We used to send dashboards. Now we host narrative reviews.</p>
<p>Why? Because metrics alone don’t drive alignment. Context does. Story does.</p>
<p>We learned to:</p>
<ul data-spread="false">
<li>Pair every <a href="https://sarahgschlott.com/top-10-principles-for-transforming-fpa-towards-long-term-value-creation/">KPI</a> with commentary</li>
<li>Use visuals to highlight inflection points</li>
<li>Lead with insights, not tables</li>
</ul>
<p>One of our <a href="https://sarahgschlott.com/rolling-forecasts-vs-budgets-what-high-performing-teams-get-right/">CFOs</a> called it &#8220;boardroom-ready modeling.&#8221; Same data—better delivery.</p>
<h2>3. Model Fewer Scenarios, Better</h2>
<p>We used to build three scenarios for everything: Base, Upside, Downside.</p>
<p>Eventually we realized:</p>
<ul data-spread="false">
<li>Only Base ever got updated.</li>
<li>Upside was a fantasy.</li>
<li>Downside was ignored.</li>
</ul>
<p>Now we start with one scenario—the one we believe—and <a href="https://sarahgschlott.com/scenario-planning-in-uncertain-times-a-practical-framework/">stress test</a> it ruthlessly:</p>
<ul data-spread="false">
<li>What if we miss hiring targets by 30 days?</li>
<li>What if <a href="https://sarahgschlott.com/the-5-most-common-mistakes-i-see-in-financial-models-and-how-to-fix-them/">churn</a> ticks up by 2%?</li>
<li>What if CAC spikes?</li>
</ul>
<p>This makes our forecasts more credible. And our conversations more useful.</p>
<h2>4. Align to Operators, Not Just Outcomes</h2>
<p>Our early models looked great to finance—and foreign to everyone else.</p>
<p>Today, we reverse engineer our models from operating levers:</p>
<ul data-spread="false">
<li>Marketing: <a href="https://sarahgschlott.com/implementing-zero-based-budgeting-in-fpa-a-10-step-guide/">Cost</a> per lead, conversion rates</li>
<li>Sales: Ramp time, productivity, quota</li>
<li>Product: R&amp;D headcount vs. roadmap velocity</li>
</ul>
<p>When a forecast shifts, we don’t just update numbers. We call the team driving the lever.</p>
<p>That makes FP&amp;A a translator. And that’s where strategy happens.</p>
<h2>5. Build Less, Influence More</h2>
<p>Here’s a hard truth: If your value comes from building models, <a href="https://sarahgschlott.com/mastering-ai-in-finance-building-expertise-for-a-data-driven-future/">AI</a> is coming for your job.</p>
<p>But if your value comes from shaping strategy, asking better questions, and connecting dots across the org—you&#8217;re irreplaceable.</p>
<p>We’ve shifted time away from &#8220;building&#8221; toward:</p>
<ul data-spread="false">
<li>Cross-functional planning meetings</li>
<li>Monthly operator reviews</li>
<li>Real-time revenue analyses</li>
</ul>
<p>The model matters. But your ability to drive decisions? That’s what makes you a partner.</p>
<h2>What Changed for Us</h2>
<p>When we stopped being a reporting function and started showing up as a strategic voice:</p>
<ul data-spread="false">
<li>Our forecast accuracy improved</li>
<li>Our leadership team started looping us in earlier</li>
<li>Our team morale went up (less fire drill, more thinking time)</li>
</ul>
<p>We didn’t stop using Excel. We didn’t buy a magic tool. We just stopped thinking like accountants—and started thinking like operators.</p>
<p>If you’re still stuck in the report-refresh-repeat cycle, I see you. You’re not broken. You just need to redefine your role.</p>
<p>FP&amp;A isn’t about being the smartest person with the biggest spreadsheet. It’s about being the calmest person in the room when the forecast changes.</p>
<p>And that starts with deciding that finance isn’t just here to track the story. It’s here to help <em>write</em> it.</p>
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