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Exploring the Power of Excel

Who amongst us hasn’t used the trusted Excel spreadsheet application from Microsoft? It is one of the most widely productivity tools and is part of the Microsoft Office Suite. Excel has the incredible feature of using formulas, which makes it an excellent tool for report making and data manipulation. By using formulas, you can crunch data, analyze it and get answers to most complex questions. While anyone can use a simple SUM or IF formula, an advanced user of it would be able to seamlessly write & combine formulas like SUMIFS, SUMPRODUCT, INDEX, MATCH, LOOKUP formulas. Apart from knowing the formulas, advanced Excel users know how to debug them, audit them, know how to use which formula for which occasion, and they also know few alternatives for any given formula problem.

Using Excel, one can create tables, graphs, charts, reports, simulations and much more. Tables can be used to structure & present data so that looks impressive, and create awesome Excel workbooks. Conditional formatting is a powerful feature in Excel using which you can tell Excel to highlight portions of your data that meet any given condition. By using charts, we can communicate effectively and present results in a stunning manner. Pivot tables & pivot reporting allows us to analyze massive amounts of data & answer questions with just a few clicks. Excel has its own language – VBA, which allows a user to give instructions to Excel to get things done. It is a simple but extremely powerful way to extend Excel’s functionality. Using VBA, you can write macros to automate the day to day work, saving time & money.

Excel has many powerful & advanced features packaged in to it. Data tables help us model practical problems & analyze massive amount of data for a solution. Solver helps us model practical problems & find a solution by iterating thru all possibilities. With Simulation we can simulate real world data & situations in Excel using various functions & statistical methods. We can use built in functions & charting features to understand trend & forecast future values from available data. It is popular for a reason! Combining the awesomeness of Excel with flexibility of other applications like MS Access, Outlook or PowerPoint, can achieve wonders!

An advanced Excel operator knows all the above tools and methods and also how to optimize an Excel workbook to make it fast. If you want to become an advanced user, then you will need to know all the tips and tricks of Excel to leverage its power. Go ahead, explore the power of Excel.

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