Monday, November 18, 2013

An Assessment Of The Excel Consulting

By Alyce Powell


Excel is one of the best spreadsheet applications available. It is commonly used for inputting and data manipulation operations. Data is entered into a grid of cells and then subjected to various mathematical operations. Excel consulting offers a channel of bridging the gap between the corporate problems and solutions available. The professionals through the use of this application offer a number of solutions to the problems at hand.

The application was first introduced for personal use many years ago. By then, the platform had not been developed and designed very well. It was operated by issuing a series of commands typed at the various command boxes. It grew to become one of the moist used spreadsheet application programs. Today, it is widely used both for commercial and personal applications.

The application has the basic features of the spreadsheet applications. There are grids of cells running diagonally and horizontally. The vertical arrangements of the cells are called the columns while the horizontal grids form the rows. Data is organized in these groups of cells. Basic manipulations of data can be performed in the cells once data has been inputted. Further arithmetic manipulations on this data can be performed through the use of macros.

The program has a number of tools used for a wide range of applications. Most of the functions are inbuilt but some can be added by the end users through customization of macros. The supplied functions are used t answer engineering, financial and statistical questions once the data has been inputted. The answers are in form of pie-charts, line graphs and other forms of pictorial representations.

The program has been redesigned and rebuilt in an advanced way. This is mainly focused on catering for the emerging needs of programmers, engineers and the special group of financial analysts. Additional functions have been incorporated in form of advanced programming modules. These allow the sectioning of data in order to view its independence and interdependence. Pivot tables helps in validating the independence of data. The scenario managers may also get incorporated to work with the pivot tables.

Sometimes the data to be used in Excel has to be exported. This mainly happens in occasions where the process of reconstructing the data models to be used is very lengthy and complicated. The data source is linked with the function within the application. The linking ensures a continuous streaming of data between the two points. It ensures that any updates on the data sources are reflected on the Excel files.

Most of businesses make their strategic decisions based on the information generated from the spreadsheets. This means that the data operations have to be performed well. Accuracy of such operations is very critical. The data integrity also needs to be protected to ensure that the information is not altered or tampered with.

The use of internet has expanded the scope of information acquisition. The internet facilitates the process of sharing various types of information in different organizations. Excel consulting has become cheaper since the information can be easily shared between different groups of people. However, the data on transit has be protected very well.




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