Likelihood to Recommend This is well suited to someone (or a team) who are technically minded and have a dataset that they need to be able to use in many ways. It's less appropriate for a team who isn't technically minded and/or don't have the data they need to manipulate. It would be useful for things that you could use a database or spreadsheet for such as CRM, Advertising database, Business tracking, Health tracking etc.
Read full review 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.
Read full review Pros Provides amazing customer service, help, examples, and explains what they are having you do The layout is easy Read full review 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. Gary Ceder Managing Director - Transaction Advisory
Read full review Cons Making the user permissions more obvious on how to use them - They are highly adaptable, but hard to understand how to use them Small changes such as auto colouring the choices/toggles options and being able to edit them once set. Being able to copy the formatting from one column to the next Read full review 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. Read full review Likelihood to Renew 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.
Read full review Usability 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.
Read full review Reliability and Availability I have rarely, if ever, had issues with its availability.
Mike Baucom Project Leader/Marketing Professional Commercial Truck Marketing
Read full review Performance Again it does what I need it to do with little to no issues.
Mike Baucom Project Leader/Marketing Professional Commercial Truck Marketing
Read full review Support Rating I have not had to use it often, but it is good.
Mike Baucom Project Leader/Marketing Professional Commercial Truck Marketing
Read full review Alternatives Considered Grist is easier to use, faster, and loads quicker with heavy data.
Read full review 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.
Read full review Contract Terms and Pricing Model N/A I was not involved in this process.
Mike Baucom Project Leader/Marketing Professional Commercial Truck Marketing
Read full review Scalability It integrates well with all cross functional teams
Mike Baucom Project Leader/Marketing Professional Commercial Truck Marketing
Read full review Return on Investment It's saved a lot of time in both creating an advertising database and managing it week to week effectively. I had previously created in others that haven't worked, and this does, saving me a good 1 hour weekly, and 5 hours or more each time I had problems with the last ones Being able to stay on track with this has meant I'm following up at the right time (advertisers) and keeping a professional manner and not losing business due to missed communication Saving me $ from buying a program like Access (or Airtable monthly) and then the learning curve that that has. This has a much easier learning curve to say the least. Read full review 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. Read full review ScreenShots