AI tools that enhance spreadsheet workflows

Several AI tools can significantly enhance spreadsheet workflows. For generating formulas, Formula Bot, GPTExcel, and Ajelix are excellent choices. Numerous offers a ChatGPT-like experience for Excel and Google Sheets, while Quadratic provides an AI-powered spreadsheet with natural language interaction. Excelly-ai and AI Office Bot are also noteworthy options for formula generation and automation. Additionally, tools like Supermetrics and Funnel.io facilitate data integration from various sources into spreadsheets.

There are many AI tools built for Excel, each designed to support different needs, whether that’s writing formulas, automating reports, or analyzing complex data. Choosing the right one depends on your team’s workflow, technical comfort level, and business priorities.

AI tools for Excel will help you streamline your FP&A process for speed and accuracy. You can automate repetitive tasks, giving your team more time to focus on coming up with smart strategies to grow your business performance. 

The best AI Excel tool to use is one that offers a centralized platform that not only lets you work faster in Excel, but also provides visibility into everything happening with your business data in real-time. It should let you connect all the tools you work with together.

Here's a more detailed look at some of the best AI tools for spreadsheets:

Formula Generation & Automation:

• Formula Bot:

  This tool excels at generating complex formulas in both Excel and Google Sheets based on user descriptions. 

• GPTExcel:

  Offers a wide range of AI-powered features, including formula generation, SQL query creation, automation scripts, and data analysis. 

• Ajelix:

  Specializes in generating complex formulas and VBA scripts, making it ideal for automating repetitive Excel tasks. 

• Excelly-ai:

  Focuses on simplifying spreadsheet tasks through AI, making it easier to work with formulas and data. 

• AI Office Bot:

  Another tool that excels at formula generation and provides explanations, particularly useful for Excel, Google Sheets, and Airtable. 

AI-Powered Spreadsheets:

• Quadratic:

  This AI spreadsheet tool allows users to interact with their data using natural language, enabling insights, visualizations, and model building through simple prompts. 

• Numerous.ai:

  Provides a ChatGPT-like experience for spreadsheets, allowing users to generate various content types, including blog posts and social media captions, directly within Excel and Google Sheets. 

Data Integration & Analysis:

• Supermetrics:

  Connects to various data sources like Google Ads, Meta Ads, and LinkedIn, automatically pulling data into spreadsheets and data visualization tools. 

• Funnel.io:

  Another data integration platform that consolidates data from multiple marketing sources, enabling users to create custom reports and visualizations. 

• XLSTAT (by Lumivero):

  An Excel add-in that provides advanced statistical analysis tools and machine learning algorithms for complex data analysis tasks. 

How to choose the best AI Excel tool 

Start by narrowing down the tasks you want to improve. If your team spends a lot of time building forecasts, managing large models, or analyzing trends, look for tools that support scenario planning, data modeling, and visualization. For repetitive spreadsheet work, like formula creation, data cleanup, or reporting, prioritize tools that handle those tasks with minimal input.

Consider how the tool fits into your existing workflow. Some work directly in Excel, while others require uploading files or switching between platforms. Think about whether your team needs real-time collaboration, natural language querying, or integrations with other systems you already use.

Finally, review pricing and usage limits. Ensure the tool includes the features you need and can scale with your team’s workload. Aim for a balance between functionality, ease of use, and long-term fit