Excel Basics: What Can it Do, and How Can You Use it? A Guide to Excel for Beginners

Posted on 06/12/2018 by Niko Venev

Grids and ledgers have always been an integral part of good business operations. Luckily, we live in an age that makes keeping track of numbers easy for business owners and employees, as long as they know how to operate an indispensable piece of software called Excel.

       

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What Is Excel?

Excel is a piece of productivity software offered by Microsoft. Its main function is to provide users with digital spreadsheets in which to enter, edit, and compute numerical values. Recording data, correcting figures and making computations are streamlined when you use Excel, meaning that these actions can be performed quickly and accurately with just a few clicks. Though Excel is usually bundled in a suite with other Microsoft Office products, it can also be purchased as a standalone program.

 

Why Excel Is Important?

Using Excel can eliminate the need to keep paper versions of grids, spreadsheets, and ledgers in an office. Information management, whether basic or advanced, becomes more convenient when using Excel, meaning that users of the software are able to instantly perform numerous data-related operations once they familiarize themselves with the program. When corporations or small businesses incorporate the program into their workflow, they can:

  • Increase productivity rates
  • Save time and maximize work hours
  • Easily update records to maintain the accuracy

As one of the most popular productivity programs available, Excel has a reputation for helping employees and business owners improve profitability.

 

What Excel Is Used for?

Excel is often relied upon to keep track of a business’s financials and other operations. When used like this, Excel offers a multitude of ways to organize and interpret data. This dependable program allows employees to:

  • Run raw data through complex formulas
  • Manage prospects and leads
  • Monitor projects
  • Provide detailed information for invoices

While most people associate numbers with Excel, the program can also have a human component. Some business managers apply their knowledge of Excel basics to create spreadsheets that schedule employees and delegate job tasks. Advertisers and marketers can use the program to keep track of prospects’ and customers’ information. Human resources professionals can also use Excel to manage employee data, execute payroll tasks, and find out if certain positions are necessary or new ones need to be filled.

 

What Excel Can Do?

The potential of Excel far exceeds its elementary functions. While learning Excel basics can give employees an easy way to manage data, the advanced features of the program offer another level of information management capabilities.

By using advanced features or simply using basic features in unique ways, business owners, managers, and employees can:

  • Develop budgets
  • Track sales and commissions
  • Create quarterly, biannual, or yearly reports
  • Streamline accounting tasks
  • Understand trends and forecast profitability
  • Graph data for easy visualization in reports and presentations

Additionally, the use of Excel can aid in the creation of business plans if establishments seek to expand, try new methods of advertising and marketing, or otherwise change course. Any professional who chooses to enroll in Excel for beginners classes is making an investment in the health of their business.

 

Mastering Excel

Though Excel is a fairly straightforward piece of software, training can be required for some employees before they can use the program to its full potential and maximize their output. At Certstaffix Training, we specialize in providing courses for employees to improve their familiarity with the program. Signing up for our Excel for beginners course is the very first step employees can take to become indispensable assets in the office.

 

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