Are You Making The Best Use Of Excel?

Microsoft Excel is one of the most widely-used software solutions in the world. Thousands of business owners make use of the tool when it comes to managing their operations and planning for the future. Anyone who doesn’t use that program at the moment is missing a trick. Below are just three ways in which it could revolutionise your company.

Accounting

There are lots of different accounting software packages available today, but none offer the same level of freedom or flexibility as Excel. Business owners who learn to use the software can create custom spreadsheets explicitly designed for their operations without breaking the bank.

Inventory Control

Creating spreadsheets for inventory control is also a fantastic idea for most small business owners. It’s even possible to query the spreadsheet, and so you could find the location of stock if a customer ever asks you to look something up.  

Growth Planning

As you can use custom spreadsheets for accounting, it’s easy to take a better approach to growth planning. You can query your spreadsheets in a way that will let you know the expected financial position of the company at any point in the future. So, you can make better predictions and strategies.

If you want to know about some other ways in which you can make use of Microsoft Excel, just read through the infographic before you click away. It’s probably one of the most useful and versatile software products ever created, and it doesn’t cost the earth to get hold of a copy.

Designed by STL training