Participants learn how to share workbooks, track changes, and leverage real-time collaboration tools. This not only facilitates seamless teamwork but also ensures that everyone is working with the most up-to-date information. Improved communication through shared workbooks can lead to quicker decision-making processes and a more cohesive work environment. Mastery of Formulas and Functions: Excel is renowned for its vast array of formulas and functions that can be used to perform complex calculations and data manipulations.