Quantrix vs Excel Pivot Tables
Hi Nick,
Thanks for your question and welcome as a new Quantrix customer!
As for the difference between Excel pivot tables and Quantrix I would say:
1) ease of use – Excel pivot tables are not that easy to set up whereas Quantrix is (the structure is already there)
2) to use a pivot table in Excel the data should be in a data table format. But one does not normally model in a data table format. Imagine modeling a 5 year P&L plan across multiple business units and operating scenarios in a data table format.
3) the ability to build on data you are working with – in Quantrix Modeler it is easy to enter/add new data, perform calculations and have that all immediately in the “pivot table”- like environment which is native to Quantrix.
I hope this helps. Let me know in case you have any other questions.
Kind regards,
Els