FormulaSurge

Page

Excel Build vs Hiring an Analyst

Three-year TCO of a one-time Excel build vs hiring an in-house analyst vs buying a BI tool vs doing nothing - every recurring cost in rupees.

  • compare
  • analyst
  • pricing

An Excel build starting from ₹6K - we work with your budget. The honest comparison is against the three realistic alternatives - hiring an in-house analyst, buying a BI tool plus a consultant, or doing nothing. Tell us what you can spend and we will tell you what fits. No upsell, no pressure.

Three-year TCO

Four columns, one honest comparison.

Indicative numbers for a finance team spending 12 hrs/week on manual reporting across 3 people. Run the Hours Saved Calculator for your own - the comparison logic is the same.

Choose this

FormulaSurge

One-time Excel build

Year 1
Starting from ₹6K
Year 2
₹0
Year 3
₹0
3-yr totalStarting from ₹6K

When the numbers already live in Excel, you want a senior pair of hands at a fixed price, and you want to own the deliverable. Tell us your budget - we will tell you what fits.

Compare

In-house analyst

Recurring salary + benefits

Year 1
₹2.5L
Year 2
₹2.5L
Year 3
₹2.5L
3-yr total₹7.5L

When you have 40+ hrs/week of genuine analytical work every week, for the next 18 months, and the budget for benefits plus 3–6 months of ramp.

Compare

BI tool + consultant

Licence + consultant hours

Year 1
₹1.2L
Year 2
₹50K
Year 3
₹50K
3-yr total₹2.2L

When Excel is genuinely outgrown - multi-tenant, real-time dashboards, hundreds of millions of rows. Not the case for most small teams.

Compare

Do nothing

Cost of inaction

Year 1
₹3.0L
Year 2
₹3.0L
Year 3
₹3.0L
3-yr total₹9.0L

The number nobody computes - 1,728 hrs/yr of recoverable manual reporting time across 3 people at ₹175/hr, plus errors surviving into the report your CFO signs.

Want this on your own numbers? Run the Hours Saved Calculator.

In writing

Four guarantees on every paid engagement.

What every paid engagement comes with - in writing, before any build work starts.

  • Written scope, fixed price, fixed timeline

    Agreed in writing before any build work begins. No open-ended discovery, no scope creep, no surprise invoice at the end.

  • Working draft within five working days

    Or your deposit back, no questions. We will not string you along for a month to find out we are not a fit.

  • 30-day post-handover support window

    Every defect against the Definition of Done fixed free, and every question answered within one working day. New features are quoted separately.

  • A written Definition of Done

    If we miss it, we fix it free. No arguments. The bar is in writing before the work starts, not after.

Worldwide Remote Delivery:US, UK, Canada, Australia, UAE, Singapore & Europe
Mutual NDA· Invoicing in USD, GBP, EUR, AUD, AED· Recorded Video Handover

When each option actually makes sense

No silver bullet. Three real options, one bad one.

The honest framing is not “Excel build vs hiring an analyst” - it is “what work do you actually have, over how long?” The four-cell grid below is the rough decision rule we walk buyers through on the first call.

You need a finished workbook, not a full-time head

A dashboard, a pipeline, an automated month-end close, a three-statement model - fixed-scope, fixed-price, owned by you after handover. Choose the Excel build.

You need ongoing analytical capacity, every week

Your team has 40+ hours a week of analysis, ad-hoc questions, board-prep and scenario work - for the next 18 months. Hire the analyst. We can hand over the workbook your analyst inherits.

Excel is genuinely outgrown - multi-tenant, real-time, hundreds of millions of rows

Power BI / Tableau / Looker. A real platform migration with a real consultant. Buy the tool. We will tell you so on the first call.

You are still deciding

The free audit runs the seven mechanical checks on your actual workbook, in writing, within one working day. From there you will know which option the work calls for.

The honest answer

Send us the workbook. We will tell you which option to pick.

A surprising number of first replies say “hire an analyst” or “buy a BI tool” - we do not chase work that fits another option better. Free audit. Reply in writing within one working day.

Transparent pricing

Fixed bands

Direct channels

Three bands.
In writing.

Starter
₹6K
Standard
₹15K
Complex
₹40K+
  1. 1Send the brief
  2. 2We pick a band
  3. 3Scope in writing
Mutual NDA availableCalls scheduled in your timezone

Pricing rules

Six rules on how FormulaSurge pricing works.

Three fixed bands, no hourly billing, no surprise invoices. The pricing rules are the same on every project.