Weldment cut list vs. BOM

Hi all, I noticed that now you can use a BOM table or a weldment cutlist, whichever you choose. In the past I remember weldments only worked with a weldment cutlist. Now we have the two options to choose from.

Which is better and why when using a weldment model. Doesn't this obsolete the welding cutlist?

The place I'm at we're using the BOM for our weldments, is this ok for the long run?

Maybe I'm wrong or just confused. Last I use the weldment cutlist it had far more limitations than a simple BOM.

Will you help me understand this better. Sorry if this is a repeat thread.

Thank you.

SolidworksGeneral