Creating spreadsheets from scratch is time-consuming and difficult, which is why Excel templates come in handy. Businesses use them for automation and saving time and effort, which they can invest in other business areas. Downloading preformatted solutions, available on many websites, is more efficient and practical.
What Is The Internal Rate of Return (IRR)? The Internal Rate of Return, also called the IRR, is rooted in finance. Managers and analysts often use it while making important financial decisions. The Internal Rate of Return (IRR) is the discount rate at which the current value of any project’s future cash flows equals zero. […]
Financial modeling in Excel refers to creating projected financial statements that estimate a company’s future financial success using past performance data and assumptions. Such financial models may be used in DCF valuations, project financing, acquisitions and mergers, private equity, and more. Financial modeling is a step-by-step procedure that begins with entering past financial data in […]
When you create a spreadsheet or workbook for users in Excel, you may wish to regulate the information entered into certain cells. Doing so ensures that all data entries are valid and consistent. Moreover, you may also want to allow the entry of specific data types, such as figures or dates, and restrict numerals to […]
Understanding formulas is the first step in using Excel. Did you know that it offers multiple functions that can make your professional life much easier? If you are a professional business analyst or aspire to become one, this blog post is for you. There are certain formulas in Excel that are specially meant for business analysis, […]
A Dashboard gives a high-level snapshot of your company’s operations. It is typically made up of visually appealing charts, graphs, and visuals that are simple to understand. Its contents and design can be accessed with a simple click and are pre-determined. A significant advantage of using dashboards is that they facilitate speedy decision-making and help […]
In today’s digital world, efficient data management is the key to business success. Making informed decisions based on up-to-date and accurate data is necessary for any business that wants to stay competitive in the market. That’s why having a professionally designed financial dashboard is so important. A financial dashboard is a tool that allows you […]
Human resources are one of the most important departments in any company. After all, your employees are your most valuable asset! But with the advent of big data, HR is under more pressure than ever to contribute to the bottom line. That’s where HR analytics comes in. HR analytics is collecting, analyzing, and making decisions based […]
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