Alternatives to Excel

August 15, 2015

Microsoft Excel is the gold standard of spreadsheet software, and some may argue it is equally expensive as gold. But if you’re not willing to pay the premium price, what are your alternatives? When making any price comparison (especially when comparing to a free option), you have to assess what the opportunity cost may be of switching to a free or lower-cost spreadsheet.

Excel has the basic functionality of all spreadsheets: rows, columns and cells. Aside from its basic capabilities, it also allows users to create pivot tables, use a scenario manager, create charts, analyze statistical information and even program using Visual Basic for Applications (VBA).

Microsoft Excel has come a long way from its beginnings. Recently, Microsoft (MSFT) made Office 365 (a suite of software that includes Excel) available across multiple devices including PC, Mac, Windows tablet, iOS (iPad and iPhone) as well as Android (phones and tablets). Microsoft gives users the option to make a one-time purchase for any Office suite, or to purchase an Office 365 plan. The difference is that the one-time payment option expires in a year (one-time purchase for Office suite), while paying a fee every year, or every month allows you to receive continual software updates (Office 365).

Microsoft excels (pun intended) in its extensive tutorials, blogs, forums and support centers. But are there viable Excel alternatives that are either free or less-expensive? Is Microsoft Excel really your only option?

Read More »

Contact CI       Computerized Investing

CI Market Dashboard

We have put together a collection of market indicators and track them to help you gauge the direction of the market.

CI Analysis Worksheets

Interactive analysis templates covering DuPont analysis (return on equity), valuing stocks the Warren Buffett way, and more to come.

CI Blog Feed

Cisco Systems to Buy Jasper Technologies for $1.4 Billion
posted 4 days ago by Computerized Investing

RBC Wealth Management Partners with BlackRock’s Future Advisor
posted 6 days ago by Jaclyn McClellan

FINRA Begins Looking Into Robo-Advisers
posted 10 days ago by Jaclyn McClellan

Wealthfront Now Offers Free Portfolio Reviews
posted 14 days ago by Jaclyn McClellan

Gartner Expects Worldwide Devices Shipments to Grow 1.9% in 2016
posted 19 days ago by Computerized Investing

Recent Articles

April 18, 2015

CI Mortgage Refinance Calculator

A worksheet that helps you see how refinancing your mortgage could affect your cash flow.

January 17, 2015

Retirement Withdrawal Calculator

A simple spreadsheet that allows you to input a few estimates and see whether you will have enough savings to last through your retirement years.

October 18, 2014

Using Google Sheets to Create a Portfolio Tracker

An overview of Google Sheets spreadsheet app as well as a portfolio tracker created with Google Sheets that automatically retrieves financial information for portfolio tracking and watchlist construction.

July 19, 2014

CI’s Financial Ratio Analysis Spreadsheet

Excel spreadsheet automatically derives financial ratios for company analysis after a simple import of financial statement data from

Click here for entire collection of Spreadsheet Corner articles ➜