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Aug 15, 2024 · Here's a list of Excel tools and how to use them in your professional applications: 1. Flash fill. Microsoft Excel flash fill feature allows you to input data easily in an Excel worksheet based on adjacent data patterns. Flash fill checks the surrounding data and fills a certain range based on its findings.
- The Best Way to Store Data. Even if you don’t use any of the options or any tool which Excel offers you, it is the best way to store data. Why I’m saying this because Excel is a kind of application that is used by millions of people.
- You can perform calculations. What makes Excel the best spreadsheet application on the planet is its ability to perform calculations. In Excel, you have a complete list of functions that you can use for the calculations.
- All the tools for data analysis. The core motive of having data is to analyze and get insights out of it. The good news is Excel has some of the most powerful tools to analyze data.
- Easy to Create Data Visualizations with Charts. In Excel, you have all those options to create charts and present your data in a visual way. All those major types of charts that you need to use to present your data are already there and you can insert them with a single click.
- Organize and Manage Your Data. Excel’s grid system is fundamental to organizing data. You can break down big projects into smaller pieces by creating separate worksheets, and then further divide those worksheets into neat rows and columns called cells.
- Sorting and Filtering Data. Sorting and filtering are essential tools within Microsoft Excel that empower you to efficiently analyze your data and uncover valuable insights.
- Manage Complex Databases. Advanced features such as pivot tables and Power Query enable users to manage complex databases effectively. They can take your messy, raw data and turn it into useful information that helps you understand what’s going on.
- Perform Calculations and Mathematical Operations. If you need to do some math, Excel has got you covered! It’s got all sorts of functions for basic arithmetic, trigonometry, and even statistics.
- Paste Special (10 minutes to learn) Copy and paste is one of the simplest and most used functions in Excel. But we often carry over a format we don’t want, or we copy a formula over, when instead we just want a value.
- Add Multiple Rows (2 minutes to learn) We often need to add new rows between existing rows. The shortcut (Ctrl, shift, +) is pretty handy, especially as you can toggle the + to add multiple rows.
- Flash Fill (30 minutes to learn) Excel developed a mind of its own in 2013 with this feature. Flash Fill automatically fills your data when it senses a pattern.
- INDEX-MATCH (45 minutes to learn) Aside from VLOOKUP (which looks up the value in one column and returns a corresponding value from another column), INDEX and MATCH are the most widely used and most powerful tools in Excel for performing lookups.
- Excel Basics for Business. When it comes to using Excel in business, having a solid understanding of its fundamental features is essential. Let’s explore these Excel basics to help you navigate this powerful tool with confidence.
- Data Analysis and Visualization. Data analysis and visualization are at the heart of Excel’s capabilities. We’ll explore how Excel empowers you to organize, dissect, and present data in a meaningful way, helping you gain valuable insights and make informed business decisions.
- Financial Analysis with Excel. In the world of business, financial analysis is the compass that guides decision-making. Excel is a powerhouse when it comes to financial analysis, offering a suite of tools and functions that can help you budget effectively, build complex financial models, assess cash flows, evaluate investments, and make accurate forecasts.
- Data Management and Collaboration. Effective data management and collaboration are paramount in the modern business environment. Excel not only excels at analyzing data but also offers robust features for handling data efficiently and fostering collaboration among team members.
Aug 22, 2023 · 1. High Data Storage Capacity. Even if you avoid using Excel’s options and tools, it is still a unique tool for storing data. This is especially true because millions of individuals use Excel extensively. Saving data in Excel and later sharing it makes it more accessible to others. 2. Advanced Mathematical Ability.
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3. Improve Quality of Work. Excel can improve the quality of work you produce by letting you easily create beautiful dashboards, reports, interfaces, charts and nicely formatted data. This can easily be pasted across to a PowerPoint presentation or a Word document for management to follow. Working to a standard template means also a better ...
