this post was submitted on 29 Aug 2024
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As a CPA I can attest Excel is really useful for financial data analysis and problem solving. It takes time to learn, and there are limitations to manage, but when you know what you’re doing it really gets out of your way so you can focus your attention on the work product instead of the tool.
On how I got efficient, when I started my career I tried to optimize any task I had to perform repetitively, and after 3 years everything was pretty fast. After that I tried to optimize one process every month, and now I have a pool of ideas to pull from when problem solving.
As an engineer I can attest that it is also useful for quick calculations and illustrations, especially at the concept stage. We also ran process "simulations" in it for fun, but of course something like SciLab would be better suited for it. The possibility to simultaneously work in the same spreadsheet was also a godsend during lock-downs.