With an estimated 800 million users, Excel is one of the most used applications worldwide. In effect it is the #1 platform for analyzing data, finding information, preparing charts and presenting them to stakeholders.
Why do people like and use this tool so much?
You can get what you need quickly and without starting expensive IT projects.
Many users prefer to see their data in a particular way. Legacy systems have standard reporting layouts that lack the personal touch or the corporate identity that you want to bring across. Having these ever-changing demands embedded in standard software would imply involving IT vendors or departments which results in lead times of weeks or months, not to mention the costs that are involved.
Excel is extremely flexible.
The possibilities to create your layout, using of colors and fonts are endless and so is the scale of functions and formula’s.
User-friendly and low entrance for new users
Even if you would have never used Excel before, within a few minutes you are able to produce a simple overview with some data that looks professional. Moving columns or cells around does not require complex coding or programming skills.
Most organizations have Office licenses including Excel.
As there are so many companies using Excel, sharing information with external parties is even easier and compatible than phone chargers.