Private Equities

Microsoft Excel vs Google Workspace

A side-by-side comparison of Microsoft Excel and Google Workspace — two options for financial modeling & analysis. Pricing, features, and honest pros and cons.

XL

Microsoft Excel

4.6
Website
GW

Google Workspace

4.4
Website
Category
Financial Modeling & Analysis
Productivity & Collaboration
Rating
4.6 / 5
4.4 / 5
Pricing
From $6.99/mo
From $6/user/mo
Best for
Every PE analyst building deal models
Funds and companies running on cloud collaboration
Key features
  • Flexible spreadsheet modeling
  • LBO and DCF templates
  • Data connections and Power Query
  • Add-ins (Capital IQ, PitchBook)
  • Charting and analysis
  • Gmail and Calendar
  • Docs, Sheets, and Slides
  • Drive storage
  • Meet video conferencing
  • Admin and security controls
Pros
  • Universally known by dealmakers
  • Unmatched flexibility
  • Rich add-in and template ecosystem
  • Seamless real-time collaboration
  • Reliable cloud infrastructure
  • Good value
Cons
  • Error-prone in complex models
  • Limited collaboration and governance
  • Sheets less powerful than Excel for modeling
  • Some enterprises prefer Microsoft 365