Microsoft Excel is the king of spreadsheet software. Millions of business users choose Excel for numerical data management and to get insight into their operations. Excel is a trusted name in terms of
finance and accounting; it is widely used for financial reporting, to formulate sales forecast scenarios, to visualize patterns, and to organize records. Microsoft offers Excel as an online spreadsheet maker, as a full desktop application complete with Visual Basic programming, and through mobile apps for iOS and Android devices.
The flagship version of Excel is offered with the desktop version of Microsoft Office: this particular version provides more than 480 functions, many of them being advanced Visual Basic routines and commands. As can be expected, the online version of Excel offered through Microsoft OneDrive and Office 365 subscriptions do not have the same level of functionality—the same can be said about the iOS and Android apps. Nonetheless, there is a lot that can be accomplished with all versions.
Some of the many features common to all Excel versions include:
Pricing for Microsoft Excel varies according to the version you need. The mobile versions for the iPhone and Android devices can be installed for free, but they offer minimum functionality unless they are paired with an Office 365 subscription—this is the only way to get Excel as a standalone app because other options involve other products or services.
The desktop license of Excel requires purchase of Microsoft Office, which includes other productivity options such as Word and PowerPoint; since this version is the most fully-featured, it is ideal for engineering, statistical and scientific research. Business owners can take advantage of Excel by means of an Office 365 subscription, which can be obtained with a nice discount when purchased on an annual basis. Online subscriptions can be tested with a free 30-day trial.
- Access to an online template gallery filled with very useful business spreadsheets.
- Support of the open . xml file format for easy export to other applications.
- Full integration with Microsoft Word and all other Office applications.
- The ability to share spreadsheets and workbooks for easy collaboration, including real-time editing and annotations when shared on Office 365.
- Data import, analytics and business intelligence from premium sources such as Bloomberg, Reuters, Microsoft, Google, and many others.
- Password security and data encryption for sensitive spreadsheets and workbooks.