Microsoft Excel vs. Quip

For tasks like financial analysis, budgeting, forecasting, and data visualization, I frequently use Microsoft Excel. I can develop financial models, use pivot tables to examine enormous datasets, and produce eye-catching visualizations thanks to its comprehensive features. I have, however, also come across circumstances in which Excel isn't the best tool.Excel falls short of alternatives like Google Sheets when I need to collaborate with my team in real-time. I favor employing robust database management systems or data analysis tools like SQL, Python, or R for managing very big data sets or sophisticated calculations. I use specialized tools like SPSS, SAS, or programming languages for better outcomes when complex statistical analysis or machine learning are necessary. And finally, for formatting elaborate reports, In conclusion, even though I consider Excel to be a great tool for many finance jobs, there are some limits in collaborating, processing big amounts of data, performing complex analysis, and creating documents that I take into account when choosing the best tool for the job.

Incentivized

Well, they are suited. 1. We use it as an effective way of collaboration between teams. 2. Can be used as an online spreadsheet. 3. It helps in accessing the data by multiple teams hassle-free. 4. Can customize the action, like editing or locking the spreadsheet to the other users based on the business need. Less Suited/inappropriate: 1. The UI is very much outdated. 2. The number of rows to be added to the spreadsheet has limitations. & We have to create a new Quip every now & then once the row limits are reached. 3. Can't do a detailed analysis like pivots tables etc. 4. Other functions like sort & filter options in Quip are not so user-friendly, unlike other spreadsheets out there in the market.

Incentivized

• It is very good at embedded formulas and tying cells to one another
• It allows me to compare deals terms on a side-by-side basis and talk my clients through it easily.
• It is very helpful as well in terms of allowing me to filter/sort results in many different ways depending on what specific information I am most interested in prioritizing.

Incentivized

• Our experience with Quip has been nothing short of astounding; I love everything about this collaboration tool.
• I love that it is cross-platform and works so well on mobile devices; it makes it unhindered to make progress on to-dos, take notes, export spreadsheets and documents, and have all my information organized within one environment.
• I also love that it notifies me when someone has done something in shared documents and the incredible ease of linking documents in chats.
• Quip's user interface is friendly and comfortably navigable; it feels right.

• Counting conditionally formatted cells (e.g., you have 5 green cells, 10 red ones, and 3 orange ones in a row).
• Merging cells in a table; I have to remove the table first and then re-add the table to merge cells together.
• Offering more preset colour categories for formatting graphs.
• Built-in functions to run ANOVAs, Multiple Linear Regression, Factor Analysis, etc.

Incentivized

• When using Quip Desktop, it can be slow to update with content from other users
• I think it would be cool to have a PDF proofing system integrated into Quip. Once copy has gone to design, we are basically done using Quip - I'd like to bring that all together within Quip
• Multi -select and group export of documents would be helpful

Incentivized

It comes with MS Office. Unless we stop using PCs or Microsoft Office, it's highly unlikely, even imperceivable to not continue to use Excel. It would be nice to see more Excel functions used, though, beside basic tables and calculations.

Incentivized

Microsoft excel stands out in its User Interface as compared to any other software which offers same functionality. It can be used by a beginner as well as the expert in the same field. It is having many features as we dig deep in it like advance functions, dynamic arrays, pivot, VBA and Macros.

It is the best collaboration tool in my company. Through it, the organization has achieved better connectivity and efficiency in its communication. Primarily, the docs feature of this software is the most utilized in the company. Slowly, dash-boarding and project management features have also been utilized. Generally, it is the best tool, very easy and fairly streamlined

Incentivized

I have rarely, if ever, had issues with its availability.

Incentivized

Again it does what I need it to do with little to no issues.

Incentivized

I have not had to use it often, but it is good.

Incentivized

I have never used Quip's support. To be fair, we hired someone who used to work for Quip before working at our company, and he implemented it and pushed it with the team. He was very biased toward the product, and yes it was better than Google Drive, but by how much?

Incentivized

We utilize Tableau and Alteryx in addition to Excel. We use Excel since we have a data dump that could be utilized in feeding for these two solutions. We select Excel for some manual work then plug the data into the other two tools for further analysis around text analytics like word clouds in Tableau, or text mining in Alteryx. Excel is an input data source that we use in conjunction with these two.

Incentivized

Google Drive is an obvious choice for a collaboration suite, but it still has this old-fashioned Windows 95 feel to it, with the standard file system hierarchy and spread-sheet like lists of files. Quip has a fresh take on the user interface, and the comments and discussion on a given file or line within a file seems more integrated and seamless, rather than a bunch of boxes out in the margin away from where you're actually reading and working. Having everything just to the left of a list or paragraph makes it easier to focus and maintain context while you're working or discussing a certain point.

Incentivized

N/A I was not involved in this process.

Incentivized

It integrates well with all cross functional teams

Incentivized

• Excel has positively impacted the business as it has increased our efficiency.
• It also saves us the time that we would have spent on making the calculations that it does for us.
• Since it works on all devices and is compatible with both Windows and Mac, we do not have to invest in any other alternative.

• Quip allowed collaboration and communication between Salesforce team and the rest of IT as well as business users.
• Quip allowed collaboration on documents that was very interactive and helpful to the creation process.
• Quip frustrated us because we had so many documents that we already had but they did not work well inside of Quip.

Incentivized