Application of Excel
Excel is an office worker’s chief tool, it is a business owner’s compass. Even for large business owners, Excel is key before data is uploaded into an Enterprise Resource Planning or even database software and even more critical in generating analysis from data retrieved from business systems. Excel is comparable to a VEHICLE to take a small business to a higher level. To a large business, excel may not be a car but will certainly be A KEY to ignite the vehicle to move to greater heights.
Some of the commonest applications of Excel
- Data Entry and Storage. At its most basic level, Excel is an excellent tool for both data entry and storage;
- Collection and Verification of Business Data;
- Finance, Accounting and Budgeting, sales, marketing, procurement, fleet management, HR;
- Data cleaning
- Data Analysis.
- Reporting + Visualizations.
- Forecasting.