There’s no doubt that the Microsoft Office Suite has grown to be one of the most important software used in workplaces around the world. And one of the most popular software in the suite is MS Excel. The use of MS Excel for business sees no boundaries. It can be utilized for almost all type of business-related process.
Mainly because of that, it’s crucial for business owners and managers, including their subordinates, to learn how to maximize the use of this software. No matter what department they belong to, they will find spreadsheets very useful in many ways.
Whatever tasks you are assigned to do within your organization, high are the chances that you’ll be using Excel to perform them. This software is a powerful tool for tasks that may come as simple as organizing an office social gathering to as complicated as preparing the budget for the next fiscal year. Generally speaking, the three business departments where MS Excel is highly used are:
- Accounting and Finance
There’s no doubt that you need to use spreadsheets to manage the budgets, financial results, and market forecasts to arrive at the biggest business decisions. This is actually the department that relies so much on MS Excel. Everybody working in Accounting and Finance uses spreadsheets and they tend to utilize almost all the formula integrated into the software to process with the values they obtained and come up with figures that are usable for the higher management and stakeholders.
- Product Management and Marketing
Marketing is that part of the business tasked to interpret data obtained from a huge sample obtained from clients and customers. They are expected to predict with accuracy the current and future trends of the market so that they can improve their product and services accordingly. These monumental tasks placed upon the marketing manager’s shoulders are made easier with the use of MS Excel. Because data analysis is made simpler, planning for the future easier than ever.
- Human Resources
The human resources department opts to use MS Excel in storing all the data related to the manpower of the business, including the information of their employees. They use a database system that can be used or integrated into an Excel spreadsheet so that they can easily make reports about payroll, employee data, costs, and the likes. The job of the human resources managers becomes easier with MS Excel even if they are tasked to look after hundreds of employees.
Online MS Excel training is available these days, and that’s the best way to be proficient in using this software. But then, it’s never enough that you know the basics of using Excel. You have to be an advanced user of the program to be competitive in today’s job market.
Proper training from a reputable online center, like Earn and Excel, will lead you to better job offers or a higher position within your organization. Being proficient in MS Excel may even translate to a wide range of leadership opportunities for you.