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 advanced Excel skills gives you a significant cut in costs and 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. Your Employability Increases

Employers and HR like taking a peek at the special skills section of your resume. It should also be a point of pride for you for the unique skills you bring to a company. Your probability of getting hired increases when you add your advanced Excel skills.

Employers prefer candidates who are adept with Excel and other Office 365 programs. This is because many companies depend on these programs. If you plan to improve your employability rate, start learning advanced Excel.

2. Improve Your Skills

Excel isn’t only about data entry. It also 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.

You could 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”.

3. Having Advanced Excel Knowledge Makes You a Valuable Employee

If you aren’t looking for a new job, keeping one is easier with advanced Excel knowledge. Since Excel lets you work faster, they will value you. Your company won’t let you go if you have more practical skills to offer.

They may even get you to teach other departments what you know. They can send you to sister companies to teach a level 1 Excel class. Your opportunities are endless if you have advanced skills in Excel.

4. Learn to Use Conditional Formatting

When all the necessary data gets on the spreadsheet, the analysis process comes next. Among all the data on the spreadsheet, 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. However, Excel has tools to make that process easier and quicker.

These are the tools for conditional formatting. They let you display simple icons to represent related data. Another tool highlights a row based on a single value.

Learn more about conditional formatting and make data analysis and presentation easier.

5. Your Job Is More Enjoyable

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 work and happier.

A study also found that happy employees are up to 20% more productive. If you want to boost your productivity level, start with Excel. If you want this efficiency with your employees, give them advanced Excel training.

6. You Learn to Handle Small and Big Data Better

Small data like local data is 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 do well with intermediate Excel skills.

However, when your business starts to grow, you want to up your Excel game too. Data entry and analysis takes more time and effort. If you advanced your Excel skills in step with your business, you’d have no problem.

7. You Can Network with Excel 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, thus 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 or 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 the tables, Pivot Tables, and graphs, any information is free to you. 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.

Start learning more on improving your skills in Excel. You’ll be glad you did.

Did you enjoy this list on the benefits of having advanced Excel skills? If you want to read more content like this, make sure to check out more of our blog posts. If you have questions, don’t hesitate to get in touch now.

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