Google Sheets vs. Microsoft Excel

Google Sheets is a great tool mostly for people in the finance department such as accountants who have to analyze hundreds of transactions. The software makes it easy to organize data and handle some analysis. Also, when it comes to data presentation, Google Sheets offers some of the best features. However, this is not to sat people outside the finance docket cannot benefit from this software. It is a great tool to have when handling data.

Incentivized

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

• It is a cloud-based platform.
• You can work in the same file simultaneously with your colleagues.
• It allows you to share files much faster.
• It allows you to access your Google Sheet files whenever you like and wherever you like if you have stable internet connection.
• It has great integration with other Google software.
• Google Sheets is very user-friendly and very intuitive to use.

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

• Pivot tables are different but could be improved upon; sort, totals, filters
• When entering negative numbers as the first in a formula you need to remember to "+-100+25" instead of "-100+25"
• The power of the internet of course makes it easy to find solution, but the help function is not easily available
• Color coding changes on the cell, but there is not an easy way to click on a cell and use the selected color; like excel

Incentivized

• 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

It is easy to use, free of charge for basic functionality, and easy to share with people within or outside your team or company

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.

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

The major reason I use Google Sheets over Microsoft Excel and Apple Numbers is for its ability to allow multiple users to access and work on the same spreadsheet at once. This is incredibly more efficient and effective than updating and sending copies upon copies of the same Excel or Numbers spreadsheet back and forth as email attachments.

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

N/A I was not involved in this process.

Incentivized

It integrates well with all cross functional teams

Incentivized

• We've used it to prepare quick budgets, presentations for funds that have helped raise money
• It has helped us quickly analyze raw data, collaboratively.
• it has helped us work more efficiently by making it easier to work from one sheet and not lose track of versions by passing around attached documents

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.