Software Design Document

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Excel Software Design Document
Microsoft Excel is a powerful and vital software widely used for official or personal use all over. It contains a vast capacity to perform quantitative analysis. The software allows various simulations and functions, for instance, logical functions such as IF, AND and aggregation functions such as SUMIF and COUNTIF. Different data types also ensure accuracy in describing data. Excel data types include integer, string, long, date, currency, decimal and byte. Integrated development environment (IDE) is also essential in writing programs, debugging programs, compiling codes, identifying the location of files and viewing a visual representation. The use of excel software in business administration or the business world cannot be underestimated.
Excel is the most used software in business. It is not only easy to use but also efficient and simplifies work. Excel is crucial in business administration departments such as marketing, accounting, finance, and sales. For instance, finance or accounting department use excel spreadsheets to outline financial results, budgets, cash flow forecast, and plans for decision making. The marketing department of any business or organization use spreadsheets to list customers, sales targets, monitor past results and develop marketing plans. The human resource department can also manage payroll and employee information by using Excel (Rosenberg).
Therefore, excel software makes it easy to summarize data.

It also enables users such as account managers, market research analysists, database administrators, and administrative officers to come up with accurate calculations and detailed reports. It makes it easy for them to openly understand costs or expenditures and how to control them and plan them well for successful performance of the business. For some firms or companies, all the employees are required to undergo excel training to keep up with the advancing technology and to meet the demands of the business world.
Work Cited.
Rosenberg, Eric. “Importance of Excel in Business.” Investopedia (2018). Day Accessed 24 April 2018. <www.investopedia.com/articles/personal-finance/0324415/importance-excel-in-business-asp>.