“The global economy is built on two things: the internal combustion engine and Microsoft Excel. Never forget this.”
Kevin Hector, Twitter
The question comes to mind, what is Microsoft Excel? Here’s the answer. Excel is a spreadsheet system produced by Microsoft. It enables users to align (organize), calculate, and format data.
Microsoft Excel holds a lot of serious benefits. It’s the highest bookkeeping page on this entire planet with almost 750 million users. CEO of Microsoft Satya Nadella claims Excel is the most important consumer product of Microsoft. If you are deciding whether to use Excel or not for your daily
work, then you should have a look at this piece of writing. Here is the list of content.
Simple to visualize data
– Types of charts available
– Can create a chart of your own
2)Tools made data analysis easy
– Summary via pivot table
– Types of pivot table
3)Calculations
-list of formulas
-customization of formulas
4) Customized printing
5)Free of-cost templates
-Hold on!
-how to download free templates
-Types and details of free templates
6)Available on mobile phones and stack data in millions
– Make millions of rows and columns via power pivot
7)You can code
-code tasks via VBA
8)Clean and change information
-Save time in cleaning via power query
1)Simple to visualize data
Information can be visualized, there are loads of choices to make diagrams and present information in a summarized way. Primarily, all types of charts are available which can be used according to your preference if you’re confused about deciding which chart to use. Don’t worry, go to insert there is a button of recommended tables click on that and you will get the best suitable recommendations by Microsoft Excel according to the information in your spreadsheet. If you feel that you are not comfortable with the default chart options available, you can create advanced charts by following specific methods.
2)Tools made data analysis easy
Excel has one of the most amazing tools to analyze data to help you in your business decisions. A summary can be formed of thousands of rows through the application of a pivot table ( a way to quickly sum up large amounts of data). Some of the pivot tables are:
-Running Total Column
-Grouping Dates
-Rank Column
-Conditional Formatting
-Add a Date Timeline
3)Calculations
One of the basic features that give Excel domination over other spreadsheet software and makes it the best player in the business is its ability to perform complex calculations. There is a list of formulas that can help you serve your purpose of calculation. More interestingly, you can also customize formulas according to your need through a mixture of 2 or more functions.
4)Customized printing
If you are the type of person who likes customized printing, then you can look forward to Excel. It provides a range of customization options, where you are able to change orientation, size of the paper, margin, etc.
5)Free of-cost templates
Hold on! Close your eyes, take a deep breath, and now
continue reading.
One of the most fun things about Excel is that you can create your dashboard and templates. There are a number of free templates you can download and utilize. If you want to know how to download templates, then click here. If you want to know the names and details of free templates, click here.
6)Available on mobile phones and stack data in million
Do you have to carry a laptop just for using Excel? I have good news for you. Now there is no longer a need to carry a laptop, Excel is also available on mobile phones. Primarily Excel has a limit to rows and columns. Now I don’t think that your exposure to data is so much that you require millions of rows, but if in columns case you have ample (a lot) amount of data so you can use power pivot, it will enable you to store in millions of rows and.
7)You can code
All tasks can be automated in Excel through VBA (visual basic for applications), it’s a Microsoft office coding tongue and it can be used to code every manually performed task. Want to create a custom function? If yes, then you should know the basics of VBA.
8)Clean and change information
Now, if you are one of those individuals who go over a huge load of data work, I understand that there are occasions when everything gets screwed up and you need to clean before using that data. That cleaning process too will take a handsome amount of your time. With the availability of Excel, cleaning data is no longer a headache. Microsoft has launched a data transformation and cleaning engine with the name of power query where you can bring data from a number of sources, change and post it on the sheet.
Conclusion
If you are a business trainer of Excel to employees, you won’t just give your business a higher-talented individual. It will prepare them to progress all the way up increasing efficiency and furnish them to use devices that will help them work viably, ultimately contributing to boosting profits. As an individual, you can start freelancing and offer Excel services. Toni Payne says, knowledge is the new rich, arm yourselves with it.