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Writing Efficient Formulas

The glorified calculator that is Excel can help you build financial calculators, automate your processes, or solve complicated problems. It is safe to say that pretty much all business professionals are familiar with Excel. Although everyone can write formulas, not...

What’s New in Version 6.0

Where do we even start? The software has shown tremendous expansion since its launch over a decade ago. Along with several technical enhancements, we also added a completely new way to create web applications. Enter the designer. In one of its biggest updates to date,...

A New Dimension Building Excel Models: Array Formulas

Excel’s array formulas are indeed a fascinating subject. Although they can be very useful by making it possible to solve some complex calculations, and replace hundreds of formulas in certain situations, most Excel users have probably never used these formulas before...

15 Excel Functions Everyone Should Know

A good grasp on Excel functions can enhance your ability to perform day to day business tasks. Although there are hundreds of formulas in Microsoft Excel’s repertoire, most users only ever use a handful of them and you probably won’t ever need to use most of them. We...

Dealing with Links or External References in Excel

Advanced Excel users often utilize external links or workbook connections to save data or referencing. External links can be hard to detect in a complicated spreadsheet, or a workbook you’re not familiar with. Finding these connections manually one by one can be a...

Extract Data Quickly From Tables with Excel’s SUMIF Function

SUMIF function is, in a way, a combination of SUM and IF statements. The formula SUMs up the values of a range of cells, IF certain criteria is met. In other words, data that pass the logic test gets to be added up (or another column of your choice, that corresponds...

Get Quick Results and Optimize Your Models With Excel Goal Seek

Goal Seek is one of those tools that can stop you from scratching your head and give you the answers to problems like what interest rate can you afford for your loans, or how much should you sell a product for to make a profit. Essentially, any scenario where you have...

Handle With Care: Volatile Functions in Excel

You can create all sorts of mathematical models in Excel, but imagine a model with thousands of formulas, all of which need to be calculated every time you enter a value. This would make calculations very slow and the user experience, not a pleasant one. Thanks to its...