Benefits of Excel Based Software
The application of Excel Templates and Add-ins for Business management and analytical requirements has several benefits which are useful to consider when deciding between Excel based and traditional software solutions.
Most business professionals are already familiar with the Microsoft Excel application. This translates into a faster acceptance and shorter learning curve to users presented with an Excel based solution disseminated within an organization.
The flexible nature of Excel make applications developed with it relatively easy to customize to specific end user requirements. Such customization may be accomplished within the applications themselves or, where application is protected or locked, through separate workbooks and modules that interact with the main application.
The abilities to link formulas and call compiled modules from separate workbooks in Excel make developed solutions scalable to meet growing demands of analytical requirements. As business needs evolve over time, additional functionality can be developed and integrated with the original application.
With the proliferation of Microsoft Office as the choice for corporate desktop software for many organizations worldwide, Excel based solutions can seamlessly inter operate with other Office applications (including Excel) both within and between organizations. Furthermore components available in recent versions of Excel (as well as commercial solutions) allow Excel content to be converted and shared on the web in HTML and XML formats.
For projects and environments where all participants have Excel installed, Excel based solutions can be emailed and/or stored on shared servers for participants to update and contribute to Excel based solutions collaboratively. Collaboration to Excel based solutions can be both data input oriented and actual application development.
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