What Are the Pros and Cons of Excel?
Excel is one of the best spreadsheet software available, commonly used for data entry, budgeting, sales, and financial forecasting. Data analysis is also one of the significant ways in which Excel is used. You can now convert a pdf em Excel for easy reading and interpretation. Excel is so popular that you will hardly find a business organization that is not using it. It has numerous advantages, but just like anything with advantages, it also has its downsides. In this article, we look at the pros and cons of Excel.
Pros
Easy Organization of Data
One of the main reasons why many people use Excel is because of data organization. Data entry is one of the primary functions of Excel, but another advantage of entering data in Excel is that it can be organized in a very orderly manner. Data can be organized in the form of carts or spreadsheets, making it easier to analyze and understand. Visualizations created using Excel can be easily digested, especially considering that human beings digest visual information faster than text information.
Formula and Calculation Features
Many people who have not used Excel for long think using the formula and calculation features of Excel is hard. This is not true. Once you get a full grasp of how these features can be applied, everything becomes easier. You can conduct complex calculations within a very short while. The calculations can be quickly done compared to when you use a calculator. On top of that, you can use these formulas to analyze large batches of data.
Cons
Time-Consuming
As mentioned earlier, the primary function of Excel is data entry. However, this data must be manually entered, which can be a time-consuming and challenging experience, especially if you are dealing with large data batches. Over time, you can become bored or less attentive, leading to entering inaccurate figures of data.
Errors in Calculations
While it is a lot easier to conduct calculations on large data batches using Excel, the possibility of errors is also high. You can complete your calculations, thinking that everything is alright, only to find out later that the work is full of errors. But the errors are mostly due to the mistakes of the user and lack of proper skills. This means that you can visualize wrong information considering that there is no means provided by Excel, which you can use to check for errors. You are therefore advised to counter-check your work when using Excel formula and calculation features.
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