Dynamic links in Excel Output

Completely unfamiliar with Crystal Reports. I'm hoping it can help reduce the redump-and-repeat portion of the "dump to Excel, analyze, post journals, redump, re-analyze, repeat" accounting month-end process.

Is there any way for users to annotate a _dynamic_ copy of the output? See screenshot, below. I'd like to have columns A-I generated directly by CR, with column G annotated by remote users, so that I can refresh the CR report and retain / easily update the comments in column J.

I know that it can be done with Spreadsheet Server, but wanted to confirm it could be done with CR.

Many thanks!