Sometimes simpler is better.
Of course that's all matter of perspective.
I personally don't like wasting paper (trees) to start with plus I think it's very messy/unorganized.
A couple of years I decided to go all digital (as much as possible), and discovered you really don't need fancy expensive time consuming (software) tools at all.
In fact, it saves me a ton of time, costs and mostly space.
I even do most of my sketches digital.
It's also matter of culture/country.
In some parts of the world they still do everything the 'analog way', other parts people do everything digital.
It can both work fine, but yes, some companies go way overboard.
The only really big face-palm moment I had was with a company in NZ.
They used both (digital and paperwork) on a very inefficient way.
It took each worker 2 hours (!!!!!!!!!) a day to write down their work/hours for administration.
After that the ladies at the administration put it manually in a digital database system.
DOH!!
speaking of wasting time (= money)..........