9 Amazing Business Benefits of Having Advanced Excel Skills

advanced excel skills, 9 Amazing Business Benefits of Having Advanced Excel Skills
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9 Amazing Business Benefits of Having Advanced Excel Skills

Do you want to use Excel for more than its spreadsheet features? Having Developing advanced Excel skills gives you and your employees the ability to cut costs and save time.

First, what is Excel?

Microsoft Excel is a spreadsheet program with many other relevant tools. It is part of the programs included in Office 365.

Most businesses and organizations use Excel for its useful tools and features. By proxy, we can look at the use of Office 365 in offices. In 2017, the number of Office 365 commercial users reached 60 million.

Your business NEEDS people who can use it well.

Below, we have a list of the benefits of having advanced Excel skills.

1. Employability Benefits

Employers and HR like taking a peek at the special skills section of your resume. Skills and training are qualities that every company takes pride in. Your probability of getting hired increases substantially when you can add your advanced Excel skills to your resume.

Employers prefer candidates who are adept with Excel and other Office 365 programs. Many companies heavily depend on these programs for everything from company communication and documentation to project management and performance tracking.

In fact, here are 9 of the top careers in the country that require Microsoft Excel skills.

If you plan to improve your employability rate, start learning advanced Excel skills.

2. Improve You and Your Employees’ Skills

Excel isn’t only about data entry. It gives the ability to visualize and manipulate data. It also helps you clean up data, analyze information, and balance accounts.

However, with advanced skills in Excel, you can do more. You can solve business problems with advanced data applications. You can apply tracking systems for a variety of departments and operations.

Advanced Excel skills give you and your employees the ability to design professional-level spreadsheets. Advanced Excel training lets you build complex equations. You can even transition from one workplace to another and still use the same “language”.

If you’re ready to start improving your advanced Microsoft Excel skills, join one of our in-person Excel courses or online Excel classes.

3. Having Advanced Excel Knowledge Increases Employee Value

If you aren’t looking for a new job, keeping one is easier with advanced Excel knowledge.

If you’re an HR manager, one of the biggest priorities is employee retention. The key to employee retention is employee satisfaction, which is directly tied to the amount of training you give to your employees.

Excel increases work speed, efficiency, and productivity, which will make you and them happy.

You can get you or your employees start with can an level 1 Excel class, and from there, you can move up to advanced Excel Classes.

You may be asking yourself: Is Excel really that important to businesses?”

It absolutely is!

Here are 9 Top Careers That Require Microsoft Excel Skills.

4. Benefits of Excel and Conditional Formatting

After you have collected all the necessary data on your spreadsheet, you can start the analysis process. Unfortunately, large spreadsheets and data sets can be overwhelming to examine. It can be difficult to spot the crucial data.

Colors and bold text help differentiate between columns and rows. This is what most people use to highlight important data. Excel has all of these tools, and more, that make the process easier and quicker.

These are all tools for conditional formatting. Conditional formatting in Excel lets you display simple icons to represent related data. Another conditional formatting tool can highlight a row based on a single value.

Learning more about conditional formatting makes data analysis and presentation easier.

5. Excel Increases Job Satisfaction for You and Your Employees

Let’s say you’re always behind schedule and you’re rushing to get all your reports done. You know you can take the workload but it takes too much of your time to finish. If you often work with Excel, check out an Excel guide.

With a little practice, you’ll be zooming through your reports in no time. When you’re better at your job, you’ll be happier. Research says that those in more skilled roles tend to be more interested in and happier with their work.

A study also found that happy employees are up to 20% more productive. If you want to boost your productivity, start with Excel.

Advanced Excel skills and training make you and your team happier and more efficient at work.

6. Handle Small and Big Data Better with Excel

Small data and local data are important for businesses. They help create a bigger picture. They’re what smart businesses gather and analyze.

The company then concludes and makes decisions on how to increase profits. If you have a business, you also want to put a focus on local data. Small businesses can perform incredibly well when they have intermediate Excel skills at their disposal.

However, when your business starts to grow, you need to up your Excel game too. Big data entry projects and analysis takes more time and effort. If you advance your Excel skills in step with your business, you’ll have no problems in analyzing and growing your business.

Interested in sharpening your data analysis skills? Take a look at the benefits of our Data Analysis and Visualization with Excel class.

7. Use Excel to Network or Grow a Business

If you have advanced enough knowledge, you can use it to teach others. Despite Excel’s popularity in businesses, only some people are expert Excel users. If you’ve got advanced Excel skills, you can create a business that revolves around Excel tips and how-tos.

Another way to go about this is to use your capabilities in Excel to network. Let’s say you have a good handle in Excel, and your business isn’t struggling with it. However, you may know of another business owner who isn’t doing so well.

Offer to show them the ropes on how they can save time and money with it. Expand your network through your advanced Excel skills.

8. Businesses Worldwide Use Excel

There is no other program quite like Microsoft Excel. It’s more than a spreadsheet tool. It offers powerful data analysis tools.

The recent upgrades to the Excel spreadsheet give you filtering, sorting and searching tools. Combined with Excel’s tables, Pivot Tables, and graphs, you are free to use your data freely, in any way you choose. This makes Excel a vital part of many business organizations across the world.

Use it for generating memos, tracking sales trends, and more. Use it for accounting, administrative, and managerial duties. Also, you can use it to forecast various scenarios when you review past reports and results.

9. Excel Will Be Around for a Long Time

No other program has the same efficiency and tools as Excel. This is what makes it such a powerful application. This is why more organizations use Office 365 compared to Google apps in many industries.

The spreadsheet program has been around since 1985 for Macintosh and 1897 for Windows. Excel has evolved so much from its first version. It’s also unrivaled by other programs in the market.

Excel is reliable, reputable, and efficient. It has value to many businesses and has continuous evolution. There is no doubt that Excel will continue to be the top spreadsheet program for years to come.

Learn Advanced Excel

That’s it for our 9 benefits of having advanced Excel skills.

Excel is only one program yet it’s one of the most important ones in many businesses. It has many secrets that many people with intermediate-level skills aren’t privy to.

Improving your Excel skills not only makes your current job easier, but also gives you a huge leg up against the competition when you’re applying for your dream job.

We offer in-person and online Excel classes that cover a full-spectrum of Excel career skills, including:

If you have any other questions about the benefits of Excel skills or taking an Excel class, get in touch with our team now.

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