![]() SimTools and FormList add statistical functions and processes to perform Monte Carlo simulations and risk analysis.This paid-for tool helps accountants and small-medium sized businesses created highly visual reports. Logicim XLGL is an accounting add-in for Excel, which imports data from Sage into Excel.Federal Reserve data is made available for free by the FRED add-in for PC and Mac.The Power Pivot add-in can turns Excel into a powerful business intelligence tool.įor those of you interested in data modelling in Excel, below is a video on exactly that using Power Pivot – demonstrated by Microsoft Power BI:.StatPlus:mac is popular for industries where mathematics and statistics are in important part of your work, including medicine, pharmacology and sociology. Mac user? You may find that your choice of Excel add-ins for Mac is somewhat limited.It combines data from multiple sources to aid analysis and reporting. Data Explorer is a relatively new analysis tool for data access and discovery, which is used by business intelligence and information management professionals.Another Microsoft Office add-in, Excel Solver is another popular tool that requires extra unpacking, which is used for What-If analysis.You just need to provide parameters and data for each analysis and the tool calculates and displays charts or output tables using the most appropriate engineering or statistical macro functions. It allows you to save time and effort in creating complex engineering or statistical analyses. There are both PC and Mac versions available. One of the best-known add-ins for Excel is the Analysis Toolpak which does not come installed.These add-ins for Excel data analysis could make your spreadsheets even more useful: We love Microsoft Excel and the software is used by 750 million people worldwide for good reason. Here we look at some of the best Excel add-ins for data analysis to help your spreadsheets become an even more valuable tool for business, education or personal productivity.
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