30 best excel functions for business managers
Categories- Function Category 📊MathematicalOperation Type 🔧CalculationRequired Arguments Count 🔢1For whom 👥Data Analysts & Business ManagersPros ✅Easy To Use, Widely Recognized, Versatile and Fast CalculationCons ❌Limited To Numbers Only, Cannot Handle Text and No Text Handling
- Function Category 📊StatisticalOperation Type 🔧CalculationRequired Arguments Count 🔢1For whom 👥Data Analysts & Business ManagersPros ✅Easy To Use, Fast, Non-Zero Values Only and VersatileCons ❌Counts Text As Valid, Includes Errors and Format Sensitive
- Function Category 📊LogicalOperation Type 🔧ComparisonRequired Arguments Count 🔢3For whom 👥Data Analysts, Administrative Staff and Business ManagersPros ✅Simple Logic Implementation, Versatile, Flexible and Easy To UnderstandCons ❌Nested IFs Can Be Complex, Limited Conditions and Nested IFs Get Complex
- Function Category 📊Lookup & ReferenceOperation Type 🔧RetrievalRequired Arguments Count 🔢3For whom 👥Data Analysts & Business ManagersPros ✅Dynamic Array Support, Handles Errors Gracefully and Bi-Directional LookupCons ❌Complex Syntax For Beginners, Limited Backward Compatibility, Not Available In Older Versions and Complex For Beginners
- Function Category 📊Lookup & ReferenceOperation Type 🔧RetrievalRequired Arguments Count 🔢3For whom 👥Data Analysts & Business ManagersPros ✅More Flexible Than VLOOKUP, Can Search Both Ways, Better Performance and Column IndependentCons ❌Requires Two Functions, Steeper Learning Curve and Complex Syntax
- Function Category 📊DatabaseOperation Type 🔧AggregationRequired Arguments Count 🔢1For whom 👥Data Analysts, Business Managers and Administrative StaffPros ✅Removes Duplicates Automatically, Dynamic Results, Simple Syntax and Automatically UpdatesCons ❌Requires Latest Excel Versions, Array Spillover Needs Space, Limited To Newer Versions and Single Operation
- Function Category 📊DatabaseOperation Type 🔧ManipulationRequired Arguments Count 🔢2For whom 👥Data Analysts, Scientists and Business ManagersPros ✅Dynamic Filtering, Multiple Criteria, Flexible Output, Returns Dynamic Arrays and Flexible FilteringCons ❌Requires Modern Excel, Complex For Beginners, Requires Latest Excel Versions and Memory Intensive
- Function Category 📊TextOperation Type 🔧ManipulationRequired Arguments Count 🔢2For whom 👥Data Analysts & Business ManagersPros ✅Array Support & Dynamic RangesCons ❌Not Backward Compatible & Limited Formatting
- Function Category 📊DatabaseOperation Type 🔧ManipulationRequired Arguments Count 🔢1For whom 👥Data Analysts & Business ManagersPros ✅Automatic Sorting, Dynamic Results, Multiple Columns and Automatic UpdatesCons ❌Requires Modern Excel, Space Requirements and Resource Intensive
- Function Category 📊MathematicalOperation Type 🔧CalculationRequired Arguments Count 🔢1For whom 👥Data Analysts & Business ManagersPros ✅Fast And Efficient, Easy To Understand and Widely UsedCons ❌Limited To Numbers Only & Ignores Text Cells
- Function Category 📊InformationOperation Type 🔧ComparisonRequired Arguments Count 🔢1For whom 👥Data Analysts & Business ManagersPros ✅Easy To Use, Reliable For Data Validation and Simple SyntaxCons ❌Limited To Cell Emptiness Only & Cannot Detect Whitespace
- Function Category 📊LogicalOperation Type 🔧ComparisonRequired Arguments Count 🔢2For whom 👥Business Managers & AnalystsPros ✅Multiple Condition Support, Clean Syntax and Logical FlowCons ❌All Conditions Must Be Specified & Order Sensitive
- Function Category 📊StatisticalOperation Type 🔧CalculationRequired Arguments Count 🔢2For whom 👥Business Managers, Analysts and Data AnalystsPros ✅Flexible Criteria Options, Multiple Conditions, Easy To Use, Handles Multiple Criteria and FlexibleCons ❌Complex Syntax For Multiple Criteria, Performance Issues With Large Datasets, Limited To Equal Conditions Only and Case Sensitive
- Function Category 📊Date & TimeOperation Type 🔧CalculationRequired Arguments Count 🔢3For whom 👥Business Managers & AnalystsPros ✅Accurate Date Calculations & Multiple UnitsCons ❌Hidden Function & Documentation Limitations
- Function Category 📊Date & TimeOperation Type 🔧ConversionRequired Arguments Count 🔢1For whom 👥Business Managers & Administrative StaffPros ✅Multiple Return Formats & Easy Date ConversionCons ❌Limited Return Options & Date System Dependent
- Function Category 📊Date & TimeOperation Type 🔧InformationRequired Arguments Count 🔢~For whom 👥Business ManagersPros ✅No Arguments Needed & Auto-UpdatesCons ❌Updates Only On Calculation & Limited Use
- Function Category 📊Date & TimeOperation Type 🔧CalculationRequired Arguments Count 🔢2For whom 👥Business Managers & Project ManagersPros ✅Simple To Use, Accurate Calculations and IntuitiveCons ❌Only Works With Dates & Limited Functionality
- Function Category 📊MathematicalOperation Type 🔧CalculationRequired Arguments Count 🔢2For whom 👥Students & Business ManagersPros ✅Simple To Use & Consistent ResultsCons ❌Limited Decimal Control & Can Create Precision Issues
- Function Category 📊Date & TimeOperation Type 🔧InformationRequired Arguments Count 🔢~For whom 👥Administrative Staff & Business ManagersPros ✅No Arguments Needed & Updates AutomaticallyCons ❌Updates With Every Calculation & Can Slow Spreadsheets
- Function Category 📊Date & TimeOperation Type 🔧CalculationRequired Arguments Count 🔢2For whom 👥Project Managers & Business ManagersPros ✅Holiday Consideration & Business Calendar SupportCons ❌Weekend Definition Limited & Regional Constraints
- Function Category 📊StatisticalOperation Type 🔧CalculationRequired Arguments Count 🔢2For whom 👥Data Analysts & Business ManagersPros ✅Easy To Understand & Handles Basic Conditional AveragingCons ❌Limited Condition Options & Single Criteria Only
- Function Category 📊MathematicalOperation Type 🔧ManipulationRequired Arguments Count 🔢2For whom 👥Data Analysts & Business ManagersPros ✅Easy To Use For Basic Text Searches & Case-Sensitive Search CapabilityCons ❌Limited To Text Strings Only & Returns Error If Text Not Found
- Function Category 📊Date & TimeOperation Type 🔧CalculationRequired Arguments Count 🔢2For whom 👥Project Managers & Business ManagersPros ✅Excludes Weekends, Holiday Aware, Accurate, Excludes Weekends Automatically and Considers HolidaysCons ❌Requires Date Format, Complex Holiday Handling, Limited Holiday Input Format and Regional Limitations
- Function Category 📊DatabaseOperation Type 🔧RetrievalRequired Arguments Count 🔢2For whom 👥Data Analysts & Business ManagersPros ✅Precise Data Retrieval & Automation FriendlyCons ❌Complex Syntax & PivotTable Dependency
- Function Category 📊LogicalOperation Type 🔧CalculationRequired Arguments Count 🔢2For whom 👥Data Analysts & Business ManagersPros ✅Prevents Formula Errors, Clean Presentation, Easy To Implement and Clear Error MessagesCons ❌Can Mask Real Errors, Binary Output Only, Limited Flexibility and Only Handles Errors
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Facts about best excel functions for business managers
- SUM belongs to the Mathematical category. SUM performs Calculation operations. SUM needs 1 required arguments The target audiences for SUM are Data Analysts,Business Managers..
- COUNTA belongs to the Statistical category. COUNTA performs Calculation operations. COUNTA needs 1 required arguments The target audiences for COUNTA are Data Analysts,Business Managers..
- IF belongs to the Logical category. IF performs Comparison operations. IF needs 3 required arguments The target audiences for IF are Data Analysts,Administrative Staff..
- XLOOKUP belongs to the Lookup & Reference category. XLOOKUP performs Retrieval operations. XLOOKUP needs 3 required arguments The target audiences for XLOOKUP are Data Analysts,Business Managers..
- INDEX_MATCH belongs to the Lookup & Reference category. INDEX_MATCH performs Retrieval operations. INDEX_MATCH needs 3 required arguments The target audiences for INDEX_MATCH are Data Analysts,Business Managers..
- UNIQUE belongs to the Database category. UNIQUE performs Aggregation operations. UNIQUE needs 1 required arguments The target audiences for UNIQUE are Data Analysts,Business Managers..
- FILTER belongs to the Database category. FILTER performs Manipulation operations. FILTER needs 2 required arguments The target audiences for FILTER are Data Analysts,Scientists..
- CONCAT belongs to the Text category. CONCAT performs Manipulation operations. CONCAT needs 2 required arguments The target audiences for CONCAT are Data Analysts,Business Managers..
- SORT belongs to the Database category. SORT performs Manipulation operations. SORT needs 1 required arguments The target audiences for SORT are Data Analysts,Business Managers..
- COUNT belongs to the Mathematical category. COUNT performs Calculation operations. COUNT needs 1 required arguments The target audiences for COUNT are Data Analysts,Business Managers..
- ISBLANK belongs to the Information category. ISBLANK performs Comparison operations. ISBLANK needs 1 required arguments The target audiences for ISBLANK are Data Analysts,Business Managers..
- IFS belongs to the Logical category. IFS performs Comparison operations. IFS needs 2 required arguments The target audiences for IFS are Business Managers,Analysts..
- COUNTIFS belongs to the Statistical category. COUNTIFS performs Calculation operations. COUNTIFS needs 2 required arguments The target audiences for COUNTIFS are Business Managers,Analysts..
- DATEDIF belongs to the Date & Time category. DATEDIF performs Calculation operations. DATEDIF needs 3 required arguments The target audiences for DATEDIF are Business Managers,Analysts..
- WEEKDAY belongs to the Date & Time category. WEEKDAY performs Conversion operations. WEEKDAY needs 1 required arguments The target audiences for WEEKDAY are Business Managers,Administrative Staff..
- TODAY belongs to the Date & Time category. TODAY performs Information operations. TODAY needs required arguments TODAY is designed for Business Managers.
- DAYS belongs to the Date & Time category. DAYS performs Calculation operations. DAYS needs 2 required arguments The target audiences for DAYS are Business Managers,Project Managers..
- ROUNDUP belongs to the Mathematical category. ROUNDUP performs Calculation operations. ROUNDUP needs 2 required arguments The target audiences for ROUNDUP are Students,Business Managers..
- NOW belongs to the Date & Time category. NOW performs Information operations. NOW needs required arguments The target audiences for NOW are Administrative Staff,Business Managers..
- WORKDAY belongs to the Date & Time category. WORKDAY performs Calculation operations. WORKDAY needs 2 required arguments The target audiences for WORKDAY are Project Managers,Business Managers..
- AVERAGEIF belongs to the Statistical category. AVERAGEIF performs Calculation operations. AVERAGEIF needs 2 required arguments The target audiences for AVERAGEIF are Data Analysts,Business Managers..
- FIND belongs to the Mathematical category. FIND performs Manipulation operations. FIND needs 2 required arguments The target audiences for FIND are Data Analysts,Business Managers..
- NETWORKDAYS belongs to the Date & Time category. NETWORKDAYS performs Calculation operations. NETWORKDAYS needs 2 required arguments The target audiences for NETWORKDAYS are Project Managers,Business Managers..
- GETPIVOTDATA belongs to the Database category. GETPIVOTDATA performs Retrieval operations. GETPIVOTDATA needs 2 required arguments The target audiences for GETPIVOTDATA are Data Analysts,Business Managers..
- IFERROR belongs to the Logical category. IFERROR performs Calculation operations. IFERROR needs 2 required arguments The target audiences for IFERROR are Data Analysts,Business Managers..