If programming is wizardry, things written in Excel are definitely necromancy: the end result is shambling, hideous, and unnatural, but for certain things it gets the job done.
I have also seen a company (tech) who used an excel spreadsheet as part f its accounts system turns out it was faulty and was a factor to the company going bust - the main one was ICANT tho
Maybe if you had seen some of the eldritch devious monstrosities I've seen people create in Excel (even without VBA) you might reconsider that statement.
Be very worried if someone says "we have this Excel spreadsheet that needs to be turned into an app"....