A spreadsheet row or column can be used for an individual record that may include information like name, email address, employee start date, items purchased, subscription status, and last contact. Using Excel, personal information can be stored and retrieved efficiently. MS Excel is a powerful way to organise information about people, whether they are employees, customers, supporters, or training attendees. You may be surprised to learn that one of the top uses of Excel in business is to manage people. Job examples: business analyst, business planning analyst, business solutions analyst, claims analyst, collections analyst, credit officer, data analyst, data and audience analyst, finance business analyst, investment operations portfolio analyst, junior data analyst, regional finance analyst, senior data analyst, senior finance analyst, senior portfolio analyst. If the business always loses money on a Sunday, then that’s information management could use to make a decision (such as closing on Sundays). For example, you could run a profitability report by the day of the week. Businesses naturally gather data in their day-to-day activities, which may be data on product sales, website traffic, spending on supplies, insurance claims, etc.īusiness analysis is the activity of converting data into something useful to the people who run the business. The number 1 use of MS Excel in the workplace is to do business analysis.īusiness analysis is essentially using collected data to inform decision making. We know this for a fact after analysing job data (using MS Excel). Some of the most common business uses of MS Excel are for business analysis, managing human resources, performance reporting, and operations management. It’s extremely popular in business because spreadsheets are highly visual and fairly ease to use. At a basic level, MS Excel is using for storing information, analysing and sorting, and reporting.

Five uses of microsoft excel