How many people would take a deep breath if we said that writing formulas in Excel is becoming history? To tell you the truth, I might be one of the first to raise a hand because which formula would be the most accurate way to do an analysis or operation I wanted to do, how to choose the appropriate elements and put them in the formula was always a problem. You can admit, I am not alone in this!
Today, our artificial intelligence assistant Copilot can help us. Copilot for Excel suddenly entered our lives as an Excel add-on that works with artificial intelligence, suggests and applies the most suitable formulas for you. In this article, we will explain how Copilot works with Excel, what features it has and how it can be useful for different departments. We will also take a look at some sample commands you can do with Copilot. So, let's get started!
What is Copilot for How Excel and Does It Work?
Copilot is an advanced artificial intelligence assistant that can also work with Excel. Copilot analyzes your Excel files, answers your questions about your data, suggests and applies the most appropriate formulas for you. It allows everyone to analyze and visualize data like a data analyst. With Python in Excel, you can create powerful, professional visualizations, make predictions and save time sorting data.
Copilot is an AI assistant developed for Excel, so it can do all the functions that Excel offers and more. Let's share with you some of Copilot's features and commands you can use:
Copilot can answer your questions about your data. For example, you can ask Copilot questions like, “What is the best-selling product?”, “What is the average sales price?”, “How much did my sales increase this month compared to last month?” Copilot will answer you both in writing and visually.
Copilot will suggest and apply the most appropriate formulas for you. For example, you can ask Copilot questions like, “I want to increase my budget by 10%, what should I do?”, “How can I group my data?”, “How can I filter my data?” Copilot will show you the best formula and apply it if you want.
Copilot can visualize your data. For example, you can give Copilot commands like, “Show my data as a pie chart,” “Compare my sales by month with a bar chart,” or “Show my data on a map.” Copilot will choose and create the most appropriate chart type for you.
Copilot can analyze your data. For example, you can ask Copilot questions like “What are the trends in my data?”, “What are the anomalies in my data?”, “What are the correlations in my data?”. Copilot will give you statistically significant results.
Copilot can organize your data. For example, you can give Copilot commands like “Fill in blank cells in my data”, “Fix errors in my data”, “Delete duplicate entries in my data”. Copilot will organize your data and improve its quality.
You can open, read, edit and save Excel files with Python. For example, you can give Copilot commands like “Open my Excel file with Python”, “Show the first 10 rows of my Excel file”, “Add column A to column C in my Excel file and save as a new column”.
How Can Copilot for Excel Be Useful for Different Departments?
Excel knowledge is usually one of the most sought-after features in job applications in every department. If Archimedes needed a lever to move the world, a Copilot license would be enough for you to be accepted to the job. Here are some examples of how Copilot can be useful for different departments:
Accounting/finance departments can easily create income-expense statements, budget reports, cost analyses, tax calculations, cash flow projections, and many more operations with Copilot. It can help accounting departments process, report, and present their data accurately and quickly.
For example, you can give commands such as "Compare income and expense reports to show which period we earned more revenue," or "Analyze budget reports to provide budget recommendations for the next year."
Marketing departments can easily perform market research, customer segmentation, marketing campaign effectiveness, competitive analysis, conversion rates, customer satisfaction, and many more operations with Copilot. It can help marketing departments present their data meaningfully and visually, develop, and optimize marketing strategies.
For example, you can give commands such as "Analyze conversion rates to evaluate the effectiveness of marketing campaigns," or "Analyze social media engagement data to show which content attracts the most attention."
Human resources department can easily perform recruitment processes, performance evaluations, training plans, employee satisfaction, turnover rates, salaries and benefits, and many other operations with Copilot. It can help the human resources department analyze data, motivate employees, and manage the workforce.
For example, you can give commands like "Analyze employee performance evaluations and identify top performers," or "Calculate turnover rates and develop strategies to reduce these rates."
Sales department can easily perform sales reports, sales forecasts, sales targets, sales channels, sales performance, customer loyalty, and many other operations with Copilot. It can help the sales department track data, evaluate sales opportunities, and increase sales.
For example, you can give commands like "Analyze sales data to identify our best-selling and lowest-performing products," or "Create sales projections for future periods."
IT departments can easily perform data analysis, data visualization, database management, data security, data mining, and many other operations with Copilot. It can help IT departments understand their data, set up databases, and carry out data science projects.
For example, you can give commands like “Identify services with the lowest service health and color them red,” or “Rank the response rate of opened tickets from high to low.”
The number of operations you can perform with Copilot is unlimited and completely depends on your creativity and needs. Since Copilot can communicate with you as if you were talking, you can write or say the desired operation in Turkish. Let's give you a few sample commands you can perform with Copilot for Excel:
"Sort my data alphabetically"
"Summarize my data by mean, median, mode, standard deviation, and variance"
"Show my data as a pivot table"
"Color my data"
"Combine my data with the VLOOKUP function"
"Show my data as a histogram"
"Remove gaps in my data"
"Show my data in dollars"
"Show my data as a percentage"
Excel is Now a Part of Your Expertise!
Copilot is not only an AI-powered add-on for Excel, but it can also be your best friend, your most loyal assistant, and your most trusted advisor. Copilot for Excel can answer all your questions about your data, embellish your data with stunning graphics, analyze your data in mind-blowing ways, clean your data, and do many other great things.
No matter what department you work in, Copilot can adapt to you, create formulas specifically for you, save you time, and shower you with compliments. Copilot always addresses you with a smile, politely, and respectfully, understands you, listens to you, and makes you happy.
If you don’t prefer to memorize formulas in Excel, you can contact us now to try Microsoft Copilot!
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