Maximum Efficiency: 5 Business Excel uses you should know

Think there’s only one way to use Microsoft Office Excel spreadsheets? Think again.

With over 1 billion Microsoft Office users, Microsoft Excel has become the go-to software for many business purposes. However, there are more ways you can use it to streamline your business operation.

Keep reading to find out more about the many business excel uses you should know.

 

Budgeting and Accounting

Accounting can be overwhelming, but it doesn’t have to be with an Excel template. What’s great about Excel is that it allows you to create a customized calculator. So, say goodbye to inputting the same calculations over and over — it does all the work for you, so you can focus on your business.

Budgeting and accounting excel spreadsheet

Also, Microsoft Excel makes budgeting easier. In fact, 89 percent of businesses use it. Don’t worry you don’t have to be a professional to get the best out of Excel. There are countless templates available that allow you to easily input and analyze data like a pro.

 

Charting and Infographics

There’s no better way to illustrate complex data than with a chart. Whether you want to create a bar chart or a pie graph, Excel makes it possible.

It has the ability to turn rows and columns of data into organized charts and infographics. Not to mention, visual aids are great for tracking progress and analyzing trends in your data.

Chart and infographic excel

If you’re not confident about your ability to create a graph with Excel, don’t hesitate to seek help from a spreadsheet consultant.

 

Goal Planning

Besides using it to manage expenses, Excel makes it possible to outline and track your business goals. How? It allows you to create a worksheet and logs to help document your progress.

Not convinced that Excel can help you reach your professional? Studies show that planning and writing down goals increases the chances of achieving them.

Excel goal planning spreadsheet

If you or your team want to adhere to goals, consider making a spreadsheet in Excel to track your progress.

 

Project Management

Managing a team can be a difficult task. However, Excel allows you to crush project management by allowing you to create easy-to-follow charts. You can track your team’s progress and assign roles with the many templates Excel has to offer.

Project management excel spreadsheet

What’s also great about Excel is that it lets you mimic other project management tools like Trello and Asana.

 

Scheduling and Calendars

Need to organize content for your blog or publication? Looking for a better way to display PTO for you and your team? There are various Excel spreadsheets that help you organize schedules and avoid confusion.

scheduling and calendar excel spreadsheet

You can download a template or make one yourself.

 

The Business Excel Uses Are Endless

As you can see here, there are many business excel uses besides the usual boring spreadsheets. You can use it to optimize your time and get more things done. With Excel, you’re unstoppable.

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