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Microsoft Excel
What Is Microsoft Excel?
Microsoft Excel is a productivity tool for creating spreadsheets, and for performing statistics and analysis. It features over 100 functions and more than 235 built-in formulas, 1D and 2D charting, pivot tables for cross-tabulation analysis, multiple worksheets, mail merge capabilities and macros. Use Excel to analyze data and reports in order to discover patterns, trends and gain new insights. With a robust set of tools, you'll be able to create, format and share spreadsheets without difficulty. This application comes with a multitude of slots for storage and types of storage, including audio files and word processors. It also has many different functions, which allow the user to do a large range of tasks.
Who Uses Microsoft Excel?
Designed for businesses of all sizes, it is a spreadsheet solution that helps manage and organize data using templates, perform calculations, create analytical charts, and more.
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Microsoft Excel
Reviews of Microsoft Excel
Alternatives Considered:
Excel is still the most reliable spreadsheet and vital business tool for every organization
Comments:
Excel is a great tool for users who work on large amounts of data and can handle complex calculations with 100% accuracy. It allows you to create pivot tables, sort, retrieve and analyze data, perform macros in VBA, build charts, tables, and many more features in a breeze! As an Accountant by profession, Excel has always been my best buddy throughout my career progression up until now and it never ceases to amaze me about the powerful features that I’ve yet to discover and utilize for more productivity and efficiency in my work.
My top favorite Excel features are the following:
- Scalable formula and calculation functions (IF, SUMIF, VLOOKUP, INDEX-MATCH, etc.): Excel allows you to extend the formula up, down, across the spreadsheet. You just need to create the formula once in one cell and Excel will help you to populate the formula in the designated rows/columns in your report.
- Excel shortcut keys: it dramatically increases my productivity by using these tricks. It makes you look like a Pro and believe me, anyone will get intimidated when they see you typing so fast without using any mouse!
- Conditional formatting: it makes your data more sophisticated and visually appealing to the users of the information.
- Pivot tables: works like a magic when reviewing hundreds of thousands or even millions of data in one spreadsheet.
- Paste special: copy+paste from one source to your spreadsheet with options of maintaining the formatting, value, comments, or even formula.
Pros:
- Able to organize voluminous data into orderly, logical spreadsheets and charts - Allows simple to complex formula and calculations quickly regardless of the amount of data - Microsoft Office and Google sheet integration
Cons:
- Learning curve; it takes a lot of practice and training in order to advance your Excel skills. - Calculation errors; Excel will never know whether the data you inputted is correct or not. - Expensive cost of entry; Google sheets is free
Workplace Essential
Pros:
It is endlessly customizable. It's obviously great at calculations and typical data analytics, but is also a wonderful project management tool and, with some creativity, can be used in live presentations.
Cons:
I wish there was more in-depth help within excel when your formula isn't formatted correctly. There are lots of resources online and Microsoft's website, but you have to leave the application.
great if you know how to use it
Comments: I'm of the generation where Excel is a synonym with Spreadsheet. I'ts ovrall a vry complete and useful tool however it's not very intuitive and it takes a good deal of time and effort to bring a newbie up to speed and have them able to succesfully use it.
Pros:
It's a very complete tool. If you know how to use it, it can really be a great asset
Cons:
I's very convoluted and sometimes the help-instructions are not clear. You need a good level of proficiency and a good memory in order to be able to use it well.
Alternatives Considered:
Excellent data management tool
Comments: In terms of data management excellent tool, have incorporated majority of formulas and stuffs for calculations. It would be nice if they can add python integration. Also nice to have Api so can be used to automate tasks.
Pros:
Easy to synchronize data with cloud WBA script for automations Recover data if accidentally closed Graphings, Calculations
Cons:
No option to add python scripts to automate tasks
Alternatives Considered:
The Standard Spreadsheet, But Needs to Change with the Time
Comments: Microsoft Excel is a great product that is limited by accessibility.
Pros:
I love spreadsheets and Microsoft Excel set the standard for spreadsheets.
Cons:
While I have used Microsoft Excel for years, they have not kept up with the changing landscape of team work on the cloud. I need my spreadsheets to be fully accessible in real time by my whole team.