Google cloud is ok for "formatting your Christmas card list in Norwegian" to use a literary allusion.
But when you come to writing specs and reports used by multiple teams word /excel is still by far the best solution.
Best for you, maybe. I haven't found a real use for either in the past 5 years writing software and running product. The only role in the org that has needed Excel over Sheets is finance, and the only time we touch Word is when we're dealing with outside legal and they aren't comfortable with anything but Word for redlines. Even then, junior partners have apologized and said they've tried to convince the firm to switch.
Note that this particular firm serves a ton of tech startups. I don't expect a firm that does, say, real estate financing hears many complaints from their clientele.
Personally, myself and people I work with mostly like GSuite. We're probably generally described as heavy users but not power users, i.e. we don't need the features that only a few percent of people do. I actually find GSuite much more streamlined for my uses and collaborative editing is such a win. I do create fairly long docs sometimes but they're not complicated docs.
Main thing is structured documents tracking changes, macros to automate processes.