Top 5 Google Sheets add-ons for Finance
People all over the world are creating business solutions with Google Sheets add-ons. If you haven’t tried any Google add-ons yet, you are probably wasting a lot of time doing tedious, manual work in spreadsheets. You may also be missing out on innovative ways to operate in your finance department.
Think about the invention of the electronic spreadsheet and the changes it had on the way financial departments do business. Before electronic spreadsheets existed, spreadsheets were all created by hand (can you imagine the nightmare?).
Electronic spreadsheets have allowed users to quickly record and organize numbers. As their capabilities have been improved we’ve been able to sort and move data quickly and efficiently. These days, it’s not just up to the program developers to give is access to new tools. Google Sheets allows 3rd-party developers to create advanced tools that transform the way we use spreadsheets.
If you’ve been using spreadsheets like it’s 2011, it’s time to try add-ons and modernize the way you manage data. Today we are going to break down five of the best add-ons for finance.
How to Access Google Add-ons:
It is really simple to get add-ons for Sheets. The easiest way is to click on the link for the add-on, this will take you to the Google web store, just click the Free button, and the add-on will be added to your Sheets account. Alternatively, you can get the add-on by following these steps:
- Open a spreadsheet
- Click the Add-ons button in the navigation menu
- Click the Get Add-ons button
- A window will pop up for you to browse
- Click on any add-on to get more details about it
- Click the Free button to get an Add-on
Bkper is a Google Sheets add-on for teams that use the G Suite. This add-on is great for any kind of finance department. So, Bkper can be used by schools, businesses, start-ups, or non-profits. Bkper integrates with various Google apps to make it easy to collaborate with team members. You can use spreadsheets to automatically update financial information in Bkper. You can assign spreadsheets to different team members with different levels of permission to view, edit, or comment. Many finance teams find this a great way for employees to create and manage expense reports anywhere, from any device. The information is updated to Bkper real-time, ready to be accessed. You can also attach pictures or locations to transactions. In addition, Bkper also integrates with Google Docs and Forms for more top-level management and automation.
Awesome Table is aptly named. It allows people with little technical expertise to create beautiful visual representations of data. Gone are the days where you need to have advanced spreadsheet skills to make a graph or create cohesive attractive reports. But that is just the beginning. Awesome Table also integrates with Google Sites, WordPress, Drupal, and many other CMS. You can use it to take spreadsheet data and make it into an interactive address book, a map view, or a card view and those are just a few examples. There are several different awesome-table add-ons you can get to increase the visual appeal of your spreadsheets, making your financial data more interesting and accessible for team members.
Solver for Excel has now come to Sheets. The Solver for Excel developers has created this add-on with specific solutions for finance in mind. They are leaders in using spreadsheet analytics to optimize financial operations. Whether you need optimization solutions for investments, budgets, cash management, or economic inventory management, Solver has a solution for you.
Machine learning is one of the biggest buzzwords in tech right now. But a lot of people don’t really get what it means. Machine learning is a form of computational artificial intelligence. Basically, it means a program uses statistical techniques to learn and automatically improve without being reprogrammed. BigML has brought machine learning to spreadsheets. BigML uses advanced prediction processes to fill in missing information in your spreadsheets. It also uses advanced models to sort your spreadsheets so you can make prediction-based, data-driven decisions. Check out what BigML can do for you.
Finance departments use financial analysis for performance review and data based strategizing. Use their clean templates to record profit and loss information into a table. It will automatically calculate customized historical and forecast financial reports that you can keep and share and Sheets or download to other formats such as Microsoft Excel or a PDF.
Go through the following blog post to find out about the Top 5 Google Sheets templates for your finance department, and boost your productivity and efficiency even more.