Yes. The colour meter has given me a full spectrum of each light source and the means to input the numbers to result in correct shades, whites and blacks. On this meter one can read a light source in about 5 secs, note that and move on to the next light source, meter, note and so on. You don't need to input immediately into the camera and if you do shoot raw then you can take those readings back to base and input them directly into your PP.
To give an example of my testing and the results I'm getting; I read one flourescent light at 3150kelvin with a colour correction index of B5,A2.5. Then moved onto another and read 3550kelvin and correction index of B5,A2. This shows me most flourescents seem to need the same colour correction but the kelvin values change and they age, quality etc. Now that's put information into my head that a white/grey card doesn't so I'm learning as I'm going along. To capture the full 'wave' of some cycling lights with a grey/white card has troubled me in the past but the meter captures all this data and shows it on a graph.
There's a colour correction setting on my G1X and G16 too. So I can apply the correction without taking the meter with me as I learn what colour shift is likely to be. It's still early days and I do tend to take longer absorbing information nowadays but I guess it's a sign of age