Also, take a look at this article from Daniel Pineault, he explains how to add conditional compilation to the code so you can actually switch between late binding and early binding.
https://www.devhut.net/2017/02/16/vba-early-binding-and-late-binding-part-2/
https://www.devhut.net/2017/02/16/vba-early-binding-and-late-binding-part-2/