Microsoft Excel, ever since its launch, has become indispensable in the workplace. One can easily term Microsoft Excel as one of the most important tools in the workplace today. It is expected, especially in an IT organization, for every employee to have good excel skills. Microsoft Excel can help you complete day-to-day office tasks with ease. In this post, we are going to have a look at some of the key uses of excel at the workplace. After going through this post, you will have a better understanding of how Microsoft Excel Training can help you at your workplace.
One can term formulas as the heart and brains of the spreadsheet. In fact, excel formulas help you create much better spreadsheets. They help in data organization and eliminates all kinds of possible errors from the spreadsheet. A majority of the businesses state that having a knowledge of excel formulas is vital to their job. Moreover, you can utilize excel formulas to perform certain tasks automatically as you just need to key in the values and the formula will do the rest. Besides, once a formula is constructed, you can copy and paste the same to different spreadsheets. There’s absolutely no need to recreate the same stuff again. This helps to save time, increase efficiency, and bring in a lot of productivity at the workplace.
Pivot Tables and Pivot Charts are extremely helpful in analyzing a large set of data in excel. A pivot table or a pivot chart, in simple terms, holds the summary of a large data set thereby making it beneficial when one has to calculate differences in a sizeable amount of data. If you have the knowledge of Pivot Tables and Pivot Charts, you can easily apply the same to perform state-of-the-art data analysis in excel since you can easily take care of a big data set in one single operation. Thorough data analysis helps you locate different data patterns thereby assisting you in report generation. From these data patterns and reports, one can easily view the trends and take important decisions regarding business strategies.
Apart from Pivot Tables & Pivot Charts, you can also create bar charts, graphs, and even pie charts in excel to display statistics in your spreadsheet. Of course, nobody simply likes to view the data in mere numbers. Tables, charts, and graphs, apart from helping in data analysis, add an aesthetic appeal as well to your spreadsheet.
Conditional Formatting helps you to bring vital data, present in your spreadsheet, immediately to the front. Excel allows you to utilize different fonts and colors to differentiate between data. You can use conditional formatting for a variety of tasks like comparing different values and lists, checking for duplicates, and more.
Similar to Pivot Tables and Pivot Charts, conditional formatting in excel helps the business in getting answers to certain vital questions that help in decision making. Since conditional formatting brings in visuals it can help you design much better spreadsheets at your workplace. If one has to understand how data is distributed in a large set, conditional formatting can easily help you understand the same thereby providing you an effective insight on how data is varying in the spreadsheet.
Of course, you cannot create a spreadsheet haphazardly. You require creating proper rows and columns and arrange data in the required way to give a professional look to your spreadsheet. Without understanding the formatting part, you cannot achieve the same in excel. If you wish to make the information, that you are presenting via the spreadsheet, more accessible, you require having knowledge of proper formatting. As an example, you need to label the rows and columns, use highlights to bring some of the data to the front and put special emphasis on the same, use a proper font, and much more. One can easily say that having all the knowledge of formulas, pivot tables & charts, and functions in excel will be futile if you don’t have the knowledge of how to present your data in a professional manner.
As you already know, a function can be termed as a predefined formula designed to perform a particular set of calculations on given data. Some of the common functions in excel are average, count, maximum value, sum, and more. For using functions, you require learning the proper usage of arguments and the components in a function. There’s a function library under the formulas tab in excel from where you can browse pre-existing functions in excel sorted based on different categories like text, financial, logical, date & time, and more. You can even create your own custom function and add the same to the function library of excel in your system. Same like formulas, functions help you to save time and perform tasks quickly while designing a spreadsheet. This helps to bring in efficiency and increase your productivity at the workplace.
In simple words, with the help of Macros in excel, you can create automation scripts for a set of keystrokes that you utilize in excel every day in designing spreadsheets. Hence, the number of keystrokes required for you to perform your excel-related task will reduce thereby making you more efficient and productive at the workplace.
From the above points, one can easily understand the importance of Microsoft Excel at your workplace. So, what are you waiting for now? Take up Microsoft Excel Training and start polishing your excel skills to bring in more efficiency and productivity at your workplace.