I Rarely Use Pivot Tables Anymore…I Use This Instead
Instead of using Pivot Tables, try these two new functions! 🚀 Get the FREE 50 Excel Hacks Template I made with HubSpot: https://clickhubspot.com/4323b6 🆓 DOWNLOAD Free Excel file for this video: https://careerprinciples.myflodesk.com/lx8d8oxzgn Excel's new GROUPBY and PIVOTBY functions can replace Pivot Tables in many everyday scenarios. Unlike Pivot Tables, these formulas update automatically when the source data changes, are easier to understand because the logic is visible in the formula bar, allow cleaner headers, and support calculations such as MEDIAN that aren’t available in standard Pivot Tables. GROUPBY can summarize data by a single dimension while also handling totals, sorting, and filters, while PIVOTBY extends this to two-dimensional analysis using both rows and columns. The biggest advantage is flexibility: because GROUPBY and PIVOTBY are formulas, they can be combined with other Excel functions. For example, PIVOTBY + VSTACK + IF can combine January, February, and March data from separate worksheets and automatically produce revenue by region and month—something a standard Pivot Table would normally require Power Query or Power Pivot to accomplish. Pivot Tables still have their place, but these newer functions provide a more dynamic, transparent, and customizable alternative. LEARN: 👉 Excel for Business & Finance Course: https://www.careerprinciples.com/courses/excel-for-business-finance 📈 The Complete Finance & Valuation Course: https://www.careerprinciples.com/courses/finance-valuation-course 🔥 AI for Business & Finance: https://www.careerprinciples.com/courses/ai-for-business-finance 🚀 All our courses: https://www.careerprinciples.com/all-courses ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Chapters: 0:00 - Pivot Table Limitations 1:55 - Groupby 5:51 - Filters & Columns 8:04 - Pivotby 9:29 - Combining Functions
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