Spreadsheets are essential business tools for many organizations. When used properly, they can organize and manage critical business information efficiently, helping teams visualize and analyze large volumes of data. Yet they also pose many difficulties. Using them requires an extensive knowledge of numerous formulas to get the desired results.
The power of AI has reshaped the landscape of many industries. The emergence of AI-powered tools has transformed the workflows and processes of business teams to deliver their products and services. AI spreadsheet tools use advanced computer programs and systems to analyze, manage, and visualize data efficiently and accurately, automating data analysis to bypass dealing with complex calculations and get thorough insights.
What are the advantages of using AI spreadsheet tools?
Initially, AI spreadsheet tools accelerate data analysis, filtering data quickly, lessening the time and effort of manual input. They also reduce data-entry errors caused by incorrect formatting or formulas. Thus, these AI-powered tools also increase the accuracy of the business data and, in effect, improve decision-making due to the timely and relevant data insights gathered from the automated spreadsheets.
Outlined below are the top 5 best AI spreadsheet tools in 2023:
1 Zoho Sheets
Overview
Zoho Sheet is a cloud-based spreadsheet application that enables business teams to collaborate in real-time to visualize, analyze, and publish data. It is powered by an automated data processor, an AI-assisted analyst, and over a thousand integration possibilities. It also supports mobile platforms with dedicated apps for iOS and Android devices.
Features
Zoho Sheets features over 35 different chart types available so users can find the best way to visualize almost any data. It can summarize datasets through pivot tables, making the spreadsheet's contents easier to comprehend. It also provides an intelligent data assistant for automated data analysis. It can recommend charts, build tables, provide formulas, and even answer questions based on the data.
Zoho Sheet can also minimize the data errors in spreadsheets through its data cleaning tool. It can highlight data duplicates for quick removal and fill in missing values in the file. Users also apply dynamic formats to cells using classic conditional formatting or turn spreadsheets into heatmaps with the color scales option of the application.
Zoho Sheet contains all the essential features to achieve seamless collaboration and drive productivity among business teams. It also has fine-grained controls and audit trails to avoid accidental edits or monitor user activity. It automatically saves the updated version of the spreadsheet and retains the past versions for comparison or analysis. Powered by an AI spreadsheet assistant, it can provide intellectual insights for data-driven decisions.
2 Ajelix
Overview
Ajelix provides many Excel and Google Sheets tools that boost user productivity. It helps automate spreadsheet tasks 10x faster. It lets business teams leverage several AI spreadsheet tools to streamline tasks, improving the efficiency of business teams to create value and drive company growth.
Features
It features an AI spreadsheet assistant that generates and explains Excel formulas and VBA scripts. It can also provide a tailored template that matches the exact specifications of the user prompt, taking the hassle out of creating columns and populating them with sample data. The automation lessens the time spent managing data and organizing spreadsheets so business teams can focus on tasks that generate more revenue.
It also has a built-in translator for Excel files, making it more accessible to multilingual audiences. Users can choose the desired translation field if it only applies to one row, a specific sheet, or the entire workbook. Ajelix also features a virtual assistant that provides help or guidance, such as step-by-step instructions.
It provides a similar set of spreadsheet tools for Google Sheets, saving time and increasing accuracy to make informed data-driven decisions that drive business growth. Users can leverage the platform for the convenience and guidance it can offer to maximize the use cases of spreadsheets and lessen the errors in calculations that inhibit productivity.
3 PromptLoop
Overview
PromptLoop contains powerful AI tools for data processing and web research. It is a machine learning platform that lets anyone leverage custom AI models to serve their specific needs, making it easy to extract valuable insights from complex data. It can deliver a fast and reliable performance so users can efficiently manage, analyze, and manipulate large volumes of data through the automated and customizable nature of ChatGPT.
Features
PromptLoop leverages the power of ChatGPT to analyze data in a more intuitive and automated manner to provide deeper insights and patterns within the datasets faster for urgent decision-making. It offers seamless integration with spreadsheets. Its AI tools can interoperate with traditional list data interfaces so users can access the functionality of ChatGPT within their spreadsheets. It features customizable AI models that match the specific data sets and analysis needs of business teams.
These custom AI models can adapt to a wide range of tasks and industries. They are more equipped to understand and interpret the nuances and intricacies of datasets, thereby improving the accuracy and reliability of the analysis. Moreover, they can streamline the analysis process by focusing on the relevant patterns and information within the spreadsheet, saving users time and effort in reviewing large volumes of data.
With its innovative combination of list data and ChatGPT, PrompLoop is revolutionizing data analysis, empowering users to gain deeper insights, enabling them to make better decisions and unlock the full potential of their data. It can run a thousand queries in seconds, freeing up business teams to focus on work that can generate more value for the company.
4 Arcwise
Overview
Arcwise is an AI spreadsheet tool that allows business teams to run any analysis at any scale. It can seamlessly integrate with third-party services, combining all sources of truth for centralized data management. It translates spreadsheets into SQL (structured query language), a standard programming language used for extracting, organizing, managing, and manipulating data stored in relational databases. This helps users understand the full downstream impacts of changes to the data model extending to the spreadsheet.
Features
Arcwise lets users snapshot data for comparative data analysis, making it easier to review reports across time. It can explain the contents of a spreadsheet, helping teams understand and gain insights to make informed decisions. It can also perform an automated analysis so users get broader assistance in structuring reports and other value-driven tasks.
The AI spreadsheet tool can clean data, eliminating duplicates to lessen the errors that affect the calculations in the spreadsheet, resulting in inaccurate findings. It also assists in generating standard formulas or codes, even complex formulas, such as string or date parsing, lessening the effort on trial and error that inhibits user productivity.
Arcwise uses large language models to level up the productivity of spreadsheet users so they can create more top-quality reports without spending too much time on menial tasks. With improved reporting and shorter learning curves in formula generation, it provides better outcomes for everyone, especially the data team.
5 Pine AI
Overview
Pine AI is a ChatGPT-powered Excel add-on from Pinexl that can generate formulas and VBA (Visual Basic for Application) code, saving business teams countless hours of searching and entering complex formulas. The AI spreadsheet tool can also explain and proofread both formulas and code and offer corrections, simplifying the use of spreadsheets for all users.
Pinexl specializes in offering premium spreadsheet tools for businesses of all scales. All of its products are modern, easy-to-use, and intuitive to serve the needs of business teams. They offer a professional and high-level way of showcasing and analyzing performance data, even managing projects. The premium tools make daily business operations less tedious and, at the same time, provide powerful insights to enable quick, data-driven business decisions.
The company believes that smartly designed spreadsheet tools don't require high learning curves and costs to offer powerful features and user-friendly functionality. With its software Pine AI, the company utilizes the power of AI to provide the appropriate solution in standard and advanced use cases. It helps business teams analyze a set of data straight from the workbook, automate manual tasks, and more.
The AI spreadsheet tool requires no coding or any additional downloads. All it needs to set up is a computer (Windows 7 and above) with an Excel 2007 (or the newer versions) and an internet connection. It understands almost any language, although it works best in English.
Features
Formula Generator
Pine AI can generate customized formulas based on natural language input through its formula generator. Users simply need to explain in English (or their native language) what they need the formula to do for the spreadsheet tool to generate a custom formula.
It's recommended to be as specific as possible when explaining the intention behind the formula. Users can specify the exact range and even ask for a general example. In any minor case where the generated formula does not provide the right solutions, users are advised to rephrase the query and provide more details of what they need to help AI algorithms of the spreadsheet tool understand the goal and provide a better answer.
Formula Check
Pine AI's Formula Check is the answer to those bothersome formula errors. It identifies errors found in your current formula and creates a solution to fix them. Users can copy and paste the corrected generated formula right into their spreadsheet.
Formula Description
Complex formulas are hard to grasp and understand most of the time. Pine AI can help with that trouble. The intelligent software provides detailed descriptions of different formulas, shedding light on the logic and intention behind them. This makes spreadsheet challenges more manageable and eases collaborative efforts.
VBA Generator
Pine AI doesn't stop at formulas. It also boasts a VBA Generator that creates custom VBA codes based on natural language input, offering a solution tailored to the user's prompt. Users can run the code immediately to test its functionality.
This feature is a real time-saver, thanks to VBA automation's power and flexibility in tackling various issues. However, VBA changes are irreversible. It is advised that users should tread carefully, especially if they're not well-versed in its workings.
VBA Check
The VBA check can identify the exact issue of a VBA code in seconds. It can also provide the correct version, saving users the time spent on troubleshooting and conducting online research. While encountering errors is a natural part of any development, Pine AI can lessen the delays caused by incorrect codes.
VBA Description
If you ever need to decipher other VBA codes, Pine AI's got you covered with its VBA explainer tool. It breaks down the code, explaining each line for crystal-clear understanding.
AI Data Analysis
Pine AI performs AI data analysis, comparing, summarizing, and offering suggestions based on your workbook's data. Users just need to select the data to analyze, and Pine AI generates a response based on the optional prompt.
AI Assistant
It also features an AI assistant that can answer any question related to Excel. It can also provide instructions, step-by-step guides, tips, etc., so users can maximize the utility of the spreadsheet and the insights it can offer for teams to achieve business goals or improve their Excel skills.
Pine AI reduces the complexity of managing and analyzing data in spreadsheets. It accelerates business team operations through AI, effortlessly understanding natural language input and offering the most suitable recommendations. With the software, users can execute the correct Excel formulas or VBA codes. Business teams can spend less time searching online for the right answers and instead focus on organizing data to make informed decisions that have more potential for success.
Conclusion
Lessen the time spent on learning complex formulas by leveraging the top 5 AI spreadsheet tools. They can provide instructions or guidelines and even perform tasks in a matter of seconds, saving precious time for other revenue-generating operations. By making use of AI, these tools simplify the complexity of organizing and analyzing large volumes of data, boosting efficiency and productivity that can later translate to more sales.
