Outline Function of MS-excel in business organization Functionality of MS-excel in business organization Application of MS-excel in business organization Function of MS-excel in business and financial sector
Microsoft Excel is one of the fundamental computer
programs used for accounting and financial services. It allows banks to respond more quickly to customer and client needs, to have better knowledge of the status of their financial assets, and allows a banker to service more clients with less work. The most frequently used functions in Excel are:
. AutoSum; . IF function; . LOOKUP function; . VLOOKUP function; . HLOOKUP function; . MATCH function; . CHOOSE function; . DATE function;. Funtionality of Ms-excel in business and financial sector
The most common business uses of MS Excel are business
analysis, managing lists of people, operations management, and performance reporting. The software is also handy for office administration, project management, and managing programs, contracts and accounts. Application of Ms-excel in business and financial sector
Investors can use Excel to run technical calculations or
produce fundamental accounting ratios. Corporations may use Excel to run a capital budgeting analysis, risk analysis or discount cash flows. Options traders often use Excel to run Black-Scholes pricing. Excel also performs Human Resources functions, such as sorting worked hours and organizing employee profiles and expenses, which help businesses better understand the structure and activities of their workforce. Thank you