The advent of advanced Excel AI tools has transformed data management. These Excel AI tools use intelligent technology to streamline tasks within Excel, clean up messy data, predict future trends, and provide recommendations for data visualization. It’s like having a smart assistant within Excel, increasing efficiency and accuracy.
Artificial Intelligence (AI) has had a significant impact on how we use commonplace tools, including Microsoft Excel, in recent years. In Excel, an AI tool (artificial intelligence tool) refers to an add-in or extension that harnesses artificial intelligence to enhance your spreadsheet experience. These tools may automate jobs, increase data analysis, and overall make you more productive.
Best Advanced Excel AI Tools
1. Cube
Cube is one of the great advanced Excel AI tools for FP&A teams searching for a scalable, reliable AI-powered financial planning solution at a fair price because of its easy-to-use interface. Without sacrificing spreadsheets, Cube is a cloud-based FP&A tool that helps businesses reach their goals. Cube meets FP&A teams in Google Sheets and Excel, where they work.
You may achieve your goals without compromising your spreadsheets by using Cube’s adaptable AI-powered platform. Get rid of all the tedious physical labor and concentrate on what counts: making strategic choices that improve company success. Cube is a dashboard generator that enables you to see and thoroughly examine data in Excel.
Features:
- “What If” Scenarios.
- API.
- Access Controls/Permissions.
- Accounting Integration.
- Activity Dashboard.
- Ad hoc Reporting.
- Budgeting/Forecasting.
- Cash Flow Management.
- Chart of Accounts.
- Collaboration Tools.
- Consolidation/Roll-Up.
- Customizable Reports.
- Dashboard Creation.
- Data Import/Export.
- Data Visualization.
- Drag & Drop.
- Expense Management.
- Financial Analysis.
- Financial Management and many more.
Price:
- Cube Go: Starting at $1,500/month.
- Cube Pro: Starting at $2,800/month.
- Enterprise: Contact Cube.
2. GPTExcel
With the help of the useful AI tool GPTExcel, creating formulas, SQL queries, Apps Script, and VBA Scripts in Google Sheets and Excel is simple.
This tool is clever enough to explain how formulas operate and strong enough to produce them. Even better, newer versions of GPTExcel have made it simpler and faster. Anyone who wishes to construct complicated equations or formulae without having any experience with Excel may use it.
Features:
- Intuitive Table Templates.
- Formula Generation.
- Script Automation.
- Query And Regex Tool.
- Template Generation.
- Formula Explanation.
- Multilingual Support.
- Cloud Storage Integration.
- API Access.
- Tutorials.
Price:
- Free version available.
- Pro plan: $6.99/month.
3. SheetGod
One of the top AI tools for Excel, called SheetGod, may help you operate more quickly and efficiently. With a user-friendly design and an intuitive dashboard, the platform assists you in automating and managing your everyday Excel-related chores.
SheetGod also offers detailed instructions for simple Google Sheets and Excel activities. SheetGod may also be used to create PDFs, send marketing emails, and more if you are a company owner.
Features:
- AI-powered formula generation.
- Automate tasks with code.
- Extract data with regex.
- Create add-ons easily.
- Intuitive user interface.
Price:
- Free version available.
- Basic: $10/month.
- Standard: $25/month.
- Professional: $50/month.
4. Solver
Another one of the advanced Excel AI tools is Solver, which employs mathematical algorithms to help people solve complicated issues, do what-if analyses, and improve decision-making. You may install Solver, an AI-powered Excel add-on, into your Microsoft Excel program. The greatest AI Excel tool for managing and resolving optimization issues in Microsoft Excel is this one.
Data/text mining, which helps you find new income; Monte Carlo simulation, which helps you decrease risks; conventional optimization, which helps you maintain and cut expenses; and stochastic and robust optimization are just a few of the jobs that the Excel AI tool can do.
Optimization models, objective functions, constraints, variable definitions, solver parameters, solver reports, scenario analysis, solver add-in integration, solver evolutionary algorithms for sophisticated handling, and complex optimization solutions are just a few of the sophisticated features that Solver incorporates.
Features:
- “What If” Scenarios.
- Ad hoc Query.
- Ad hoc Reporting.
- Asset Lifecycle Management.
- Benchmarking.
- Budgeting/Forecasting.
- Cash Management.
- Chart of Accounts.
- Consolidation/Roll-Up.
- Customizable Dashboard.
- Dashboard.
- Data Connectors.
- Data Import/Export.
- Data Integration.
- Data Visualization.
- Drag & Drop.
- Expense Management.
- Financial Consolidation & Close Management.
- Financial Reporting and many more.
Price:
- Free trial available.
- Please contact Solver for pricing.
5. XLSTAT
XLSTAT is the next website on the list of the top AI tools for Excel. The XLSTAT AI tool for Excel is an add-in for Excel that provides a variety of data management and analysis functions and is driven by artificial intelligence. There are already over 150,000 users of the XLSTAT AI tool for Excel in more than 120 countries.
Among the sophisticated techniques that XLSTAT has are factor analysis, regression analysis, machine learning algorithms, and descriptive statistics. Effective data handling is made easier for its users by its features, which include descriptive statistics, hypothesis testing, regression analysis, multivariate analysis, time series analysis, survival analysis, data mining, experimental design, quality control, visualization, and Excel integration.
One of the greatest AI tools for Excel is XLSTAT, which provides flexible options for data analysis, modeling, research, and other tasks.
Features:
- Association Discovery.
- Customer Database.
- Dashboard.
- Data Analysis Tools.
- Data Capture and Transfer.
- Data Discovery.
- Data Management.
- Data Visualization.
- Forecasting.
- ML Algorithm Library.
- Model Training.
- Multivariate Analysis.
- Predictive Analytics.
- Regression Analysis.
- Reporting & Statistics.
- Reporting/Analytics.
- Self-service Analytics.
- Statistical Analysis.
- Statistical Process Control.
- Statistical Simulation.
- Survival Analysis.
- Text Analysis.
- Time Series Analysis.
Price:
- Free version available.
- Yearly Plan: $495.
- Academic plan: Start at $165/yr.
6. DataRobot
Another well-known AI tool website for Excel users is DataRobot, which is renowned for its machine learning platform and automation features. One of the top machine learning platforms that helps businesses create and implement machine learning models effectively is this AI Excel tool. Because it can automate the process of creating and implementing machine learning models, the DataRobot AI Excel tool is user-friendly and accessible to users with varying levels of experience.
Model development, interpretability, deployment, management, feature engineering, hyperparameter tweaking, evaluation, collaboration & governance, scalability & performance, and simple integration are some of its characteristics. Because DataRobot is user-friendly, has scalable platforms across sectors, and provides a broad variety of capabilities, it can be a suitable choice if you’re searching for the finest AI Excel tool.
Features:
- API.
- Artificial Neural Networks.
- Data Extraction.
- Data Transformation.
- Deep Learning.
- Image Analysis.
- ML Algorithm Library.
- Model Training.
- Natural Language Processing.
- Neural Network Modeling.
- Predictive Analytics.
- Predictive Modeling.
- Real-Time Monitoring.
- Reporting/Analytics.
- Search/Filter.
- Visualization.
Price:
- Free trial available.
- Please contact Data Robot for pricing.
7. H2O.ai
H2O.ai is the next website on our list of the best AI tool websites for Excel users. Another top AI Excel tool is H2O.ai, which can be used to create algorithms for predictive modeling, anomaly detection, and clustering. H2O.ai is ideally equipped to provide machine learning solutions and has an Excel connection, making it appropriate for complex data analysis jobs.
Scalable machine learning, automated machine learning, a large number of algorithms, distributed deep learning, interpretable machine learning, automatic feature engineering, model interpretability, model deployment, integration with data platforms, and community & support are some of the main characteristics of the H2O.ai Excel tool.
The H2O.ai Excel tool may be the clever AI-powered answer for you if you’re searching for an AI-powered Excel tool with scalable machine learning capabilities and next-level automation capabilities.
Features:
- API.
- Activity Dashboard.
- Compliance Tracking.
- Customization.
- Data Connectors.
- Data Import/Export.
- Data Visualization.
- For Sales Teams/Organizations.
- For eCommerce.
- Forecasting.
- Machine Learning.
- Multiple Data Sources.
- Multivariate Analysis.
- Natural Language Processing.
- Performance Metrics.
- Predictive Analytics.
- Process/Workflow Automation.
- Real-Time Data and many more.
Price:
- Free version available.
- Contact sales for pricing.
8. RapidMiner
One of the greatest AI tool websites for Excel users is RapidMiner, which provides AI-powered solutions for predictive analytics, data processing, modeling, and assessment. The Excel interface makes it simple to deploy this data science platform. This AI-powered tool can handle a variety of tasks since it supports machine learning as well.
Organizations can produce actionable, intuitive insights from their data thanks to its essential features, which include data integration, data preparation, automated machine learning, predictive analytics, model evaluation & validation, model deployment, text analytics, visualization, collaboration & sharing, scalability & performance, and integration with external systems.
RapidMiner is the greatest AI Excel tool you require if you’re searching for a scalable solution with actionable insights and sophisticated analytics capabilities.
Features:
- API.
- Access Controls/Permissions.
- Alerts/Notifications.
- Collaboration Tools.
- Data Extraction.
- Data Transformation.
- Data Visualization.
- Linked Data Management.
- Machine Learning.
- Multiple Data Sources.
- No-Code.
- Predictive Modeling.
- Process Change Tracking.
- Process Modeling & Designing.
- Reporting/Analytics.
- Sentiment Analysis.
- Statistical Analysis.
- Templates.
- Text Analysis.
- Text Mining.
- Topic Classification.
Price:
- Free version available.
- Custom pricing.
9. Ajelix
Ajelix is a platform for data analytics that provides AI and business intelligence capabilities for Google Sheets and Excel. It also includes additional AI-powered features, including a virtual assistant, SQL and response generators, and data visualization.
Ajelix can help finance teams expedite Excel data processing and reporting activities. They may create complicated trend analysis and forecasting formulae, produce formulas to analyze massive datasets, and combine many related formulas into one to cut down on analysis time.
Features:
- Access Controls/Permissions.
- Collaboration Tools.
- Customizable Branding.
- Customizable Reports.
- Customizable Templates.
- Dashboard Creation.
- Data Import/Export.
- Data Synchronization.
- Data Visualization.
- Drag & Drop.
- Interactive Reports.
- Mobile Access.
- Multiple Data Sources.
- Performance Metrics.
- Publishing/Sharing.
- Real-Time Analytics.
- Real-Time Data.
- Real-Time Monitoring.
- Real-Time Reporting and many more.
Price:
- Free version available.
- Standard: $9.
- Business: $40.
- Business+: $200.
Features You Should Look For in Excel AI Tools
In addition to being user-friendly, there are a few other characteristics to look for in advanced Excel AI tools:
Automation capabilities: To cut down on manual labor and save time, look for products with automation features. Certain processes, such as creating formulae, updating data, and creating Excel reports, should be automated and scheduled.
Analytics for prediction: In order to foresee future trends and support well-informed decision-making, predictive analytics uses previous data. Verify that the tool can forecast and evaluate things like project schedules, budget allocations, and sales patterns.
Excel integration: Make sure the application simply connects with Microsoft Excel so that working with pre-existing Excel files and features is simple. In this manner, you may use Excel’s AI functions.
Scalable and compatible: Make sure the AI tool can be scaled to accommodate your expanding demands over time and is compatible with your present software.
Options for customization: The tool has to be simple to use. You should be able to specify preferences, make custom rules, and modify settings to suit your needs.
Above all, take a quick look at consumer ratings and reviews. Seek the most popular AI Excel solutions among users that are reasonably priced and improve the effectiveness and efficiency of spreadsheet administration.
FAQ
Q: Can I use advanced Excel AI tools for free?
A: Many of the mentioned options offer a free version.
Q: Is it hard to learn advanced Excel?
A: There is a significantly steeper learning curve and more time and effort required to master sophisticated Excel features and functions like pivot tables, formulae, and data analysis tools, as well as macros and VB programming.
Q: What is the purpose of Excel’s AI tools?
A: Depending on your data analysis requirements, AI Assistant for Excel may provide the required formulae. Additionally, it can translate pre-existing formulae, which facilitates spreadsheet comprehension and troubleshooting.