People have been using Excel for business reporting since the late 1980s, and, in fact, it has become the standard for the industry. New software is released on a regular basis and yet Excel holds its ground as the second most commonly used software for businesses next to email.  At over twenty-five years old, Excel is a grandfather among reporting tools, so why do we still use it for business reporting?

  • Versatility: Excel can be used for many different types of reporting, including financial, accounting, sales and much more.  Because it is not only a spreadsheet program, but also involves the creation of graphs and charts, it is an excellent program for building professional looking presentations with ease.  Excel can be used for simple items such as names, addresses, pivot tables, and database source files, and is sturdy enough to grow along with your business.
  • Ease of Use: Excel is an intuitive program, which even a novice can learn to use with ease. Catching on to the use of formulas is simple, and with hands on training, a person can learn to use the program within a few days just by playing around with it and creating his or her own spreadsheets.
  • Excellent resources: Many libraries offer classes on Excel now, or you may choose to purchase a book such as Excel for Dummies and teach yourself.  In addition, the Microsoft support team is ready to walk you through any difficulties you may have.
  • Compatibility with aftermarket programs: Because Excel is so widely used, software companies like BizNet have come up with products that boost Excel’s already impressive capabilities.  For example, real time reporting keeps businesses a step ahead of the crowd at all times.

When you use Excel for business reporting, do you find that you need help with faster reporting?  BizNet Software has the solutions you need.  Visit BizNet on Facebook and Twitter to connect with other users and learn more.

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  1. [...] At Acuity Solutions, we have long said that Excel was a great tool for analyzing data but not a good solution for storing data. With BizInsight connected to your Sage MAS 90 or MAS 200 database, the information is stored in MAS  90 or MAS 200 and pulled into Excel for reporting and analysis. Why is Excel suited for use this way? BizNet Software, the publisher of BizInsight outlines four reasons: [...]

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