4 Awesome Applications Of Excel In Your Business
/Excel makes it easy to do just about anything you need to do with numbers and data—from creating the simplest of budgets to the most complex of algorithms. One thing you can use Excel for that people don’t often think about? Creating presentations, forms, and other business documents that require information input from your clients or customers. Your business can create any number of awesome things in Excel. Here are five things that every business can create in excel.
1) Customer Service Spreadsheets
Using an excel spreadsheet can make it easy to provide high-quality customer service. When you’re on a phone call with a customer and have to ask them for their name, birthday, shipping address, order history, etc. all that information is easy to enter into a spreadsheet. Once you get into autofill mode with your spreadsheet you can create real paystubs as well!. The most common example of using spreadsheets for customer service would be a company that provides free bookkeeping services but charges a monthly fee if you want them to handle things like sending out invoices, making deposits or sending out payment reminders. These companies will often use Quickbooks Online or Xero which allows clients to log in and see all of their data. This gives customers access to invoices and statements without having to wait on someone else.
It also means they don’t have to worry about missing something important because they were too busy working. Spreadsheets allow business owners to work more efficiently by allowing employees to fill out documents digitally rather than by hand. This not only makes paperwork easier, but it also cuts down on errors since everything is done correctly at once instead of one line at a time.
2) Paystubs
Paystubs can seem simple, but there are many reasons to go digital. First, you can save time and money with a digital system that’s linked to your accounting software. With a real paystub generator, you won’t need employees to manually create paper copies and distribute them every two weeks. Plus, it gives workers access to their pay stubs online—they don’t even have to come into work! This helps businesses maintain a digital presence while cutting costs and increasing productivity.
A business owner who wants to make changes to his or her company’s payroll may not be an expert in spreadsheets but if you know how to use Microsoft Excel (or Google Sheets), then creating a pay stub is as easy as 1-2-3. For example, let’s say you want to calculate gross wages for each employee. To do so, start by typing =gross wages into cell B1 of a new spreadsheet. Then type =pay rate * hours worked into cell B2. Next, select cell B3 and click AutoSum from the toolbar at the top of your screen. You should see a dropdown menu appear beneath your cursor; select sum from that menu.
3) Employee Tracking Spreadsheets
When you’re running a small business, everyone’s time is valuable. An employee tracking spreadsheet helps you organize your employees and manage their schedules efficiently. Set-up can be as simple or as detailed as your business needs—but be sure to include information like each employee’s name, job title, vacation/holidays/absences and important dates. Having everything organized in one place will help streamline communication with your staff and ensure that all important deadlines are met. Additionally, you can use these spreadsheets to track performance metrics for your company and its employees. For example, if you want to improve customer satisfaction scores, keep track of how many times customers call into customer service per month so that you know where there might be room for improvement. The possibilities are endless!
4) Event Planning Spreadsheets
Most event planning happens on a spreadsheet (or several). Event planning can be easy to handle if you have an effective digital presence, which will help guide your experience. You’ll also be able to easily keep track of who is doing what and what they need to do next. The easiest way to do this is by using Excel spreadsheets. The features make it a no-brainer, even for people with zero experience in Microsoft Office or other similar software suites.
An Excel spreadsheet lets you plan out your whole schedule down to every minute detail. By making use of conditional formatting, creating drop-down lists, adding graphics as well as dates and times using automatic referencing capabilities allows you to develop some pretty awesome plans. For example: when creating templates for each type of event that might occur throughout your entire year (such as birthday parties), each template will let guests know when RSVPs are due so that you have time to buy gifts and book tables at restaurants.