Microsoft Applications are popular. It is because of the many tasks one can accomplish with them. They are easy to use too. Among these popular applications is Microsoft’s Excel. It is an application that you can use to perform different operations on data. You can perform the operations easily by entering a function.
You can also use the thousands of inbuilt formulas in Excel. A drawback of function and formulas is that you need to enter them each time you need to operate. Excel Macros solve this problem by accomplishing tasks automatically. When you create them, you will click on a command button to perform a task. Automation is a key aspect in improving business workflow.
Automating Report Generation
Reports are an integral part of businesses. They provide information concerning the operations of the business in a summary. Different types of users get important information from these reports. They include internal users such as the management and external users such as the customers.
Most of the time, a business will need to prepare similar reports from similar data. An example is a company’s financial ratios. It will be beneficial to automate this type of operation using Excel Macros. When using a Macro, you will have the report ready by clicking a command button.
Developing In-House Applications
Excel Macros are powerful. You can use them to develop Form-based applications. It means developing an application which can run in a window. These applications will accomplish tasks similar to window based applications. For example, you can develop an app for your business for the finance department.
It can identify, record, and report the expenses of the business. However, this requires someone who understands Macros. It is because it requires coding. That means you will need to hire an expert in Excel. However, it will be cheaper. Because, hiring a programmer to develop an app for you from scratch is expensive. You can hire Excel specialists & developers to work for you remotely which produces a saving.
Custom Utilities and Tabs
You can design custom tabs and utilities using Macros. These will be able to perform specific functions. An example is one that transfers data to a central storage used by other applications. An advantage of this is that you can load it to different compatible Excel file. People will become conversant with the custom tabs making them easier to use.
You can rely on Excel Macros to make business transactions faster. They achieve this through automation.