A Few Ways Microsoft Excel Can Make Your Business Life Easier

Microsoft Excel is probably one of the most used tools in offices. It has been a huge success after its release, and today many business operations rely on it. Successful businesses use Microsoft Excel for almost all of their tasks, but small businesses usually overlook the versatility of this software. Many people have the misconception that Microsoft Excel is only used for performing basic addition, subtraction, multiplication, and division. However, that is totally not the case. Microsoft Excel has far more features than one can think of. Companies even hire Microsoft experts to work on Microsoft Excel for them. So, if you are still not using Microsoft Excel for your business, you are probably missing out a lot.

WHY DO PEOPLE RUN AWAY FROM MICROSOFT EXCEL?

Microsoft Excel is spreadsheet software that has been around since 1985, and it had replaced all the other similar software till 1993. As mentioned earlier, it has far more to offer than just performing basic arithmetic operations. Microsoft Excel, not only features calculation, but it also features Visual Basics for Applications(VBA) and other features. Some people find it a little too complicated because of its numerous rows and multiple columns. However, it is easy to understand when you have learned it. Honestly, it is not that difficult to learn Microsoft Excel. 

Did you know that before Microsoft Excel changing the price of any product you sell even by the slightest bit would require changing every estimation? However, Microsoft Excel has changed everything now, as when you change a digit, you don’t have to revise your entire calculation. Instead, Microsoft Excel does that for you. So, in case you are already not taking advantage of Microsoft Excel. Here are a few ways how Microsoft Excel can make your life easier.

1.FINANCING

The main thing that companies use Microsoft Excel for is to use it for financial planning. The accounts department of businesses also uses Microsoft Excel. Honestly, anything that companies do in both of these departments would have not been possible with Microsoft Excel. One of the most advantageous features of Microsoft Excel is that you can share Excel files without any hindrance. If you are sharing the Microsoft Excel files with your peers and employees, make sure to use different fonts and colors to make it more interactive.

2.HUMAN RESOURCE PLANNING

Another thing that you can do using Microsoft Excel is to do human resource planning. You can not only calculate data of previous days and months, but you can also calculate the data of the coming months. Microsoft Excel is popular in the HR departments of the companies, as it helps with calculating employees’ data. So, even if your small-scale business has fewer employees, make sure to use Microsoft Excel to accelerate the performance of your business.

3.SALES

You should consider using Microsoft Excel to keep a track of your sales. It is beneficial because it will help you in predicting the financial future of your company. Honestly, after entering the data into a Microsoft Excel spreadsheet, you won’t have to do much as Excel will do the job for you.

4.THE RECORD OF YOUR CUSTOMER 

In order to have a flourishing business, make sure to care about your customer feedback. By using Microsoft Excel, you can help your business to grow by keeping the data and the feedback of your customer. Keeping the data of customers is also a necessity at times.

CONCLUSION

Microsoft Excel plays a vital in the finance, planning, and HR departments of both big and small businesses. It is literal software, which means that it does what you instruct it to do. It indicates that it is easy to learn. So, you should use it for the betterment of your business too.