PBMS Consultants UK Microsoft Office Systems specialists

PROFESSIONAL UK SOFTWARE DEVELOPERS
...specialists in Microsoft Office Systems

Page updated: 01 March 2006  

Get more from Microsoft Excel
...with Custom Formulas, Functions and Add-ins

The problem:-  A PBMS client in the insurance industry used to spend hours preparing block quotations for new proposals received from their agents.

The solution:-  A little organisation and Microsoft Excel.  PBMS prepared a Custom function that does all the table look-ups and calculations.  The agents E-mail their lists of potential new business as Excel spreadsheets, our client copies a formula down the list - and it's done!  In seconds.

Because the Custom function is designed as an Excel add-in, it is available to all users and it's there on the menu like any native Excel formula or function.  Simple, practical and inexpensive.

A simplified example is shown below.  It is a Web interactive Excel spreadsheet so...

To use this Web page interactively, you must have Microsoft® Internet Explorer 4.01 Service Pack 1 (SP1) or later and the Microsoft Office XP Web Components.

See the Microsoft Office Web site for more information.

...try it yourself:
(If the example fails to load, see below)


◄Enter your date of birth...
◄...and your policy renewal date...

◄ YOUR premium is

To calculate other premiums as at...

...Today copy the yellow range

...at Renewal Date copy the  blue range

 Copy to any rows in the range  C12..E15

To interact with a spreadsheet on the Web, you need Microsoft Internet Explorer 4.01 or later and Microsoft Office XP Web Components - go to http://www.microsoft.com/downloads and Search for Web Components

  ...or click here for an alternative static presentation of this example.

About Custom Functions...

A custom function is much like any other Excel formula - you enter the values it asks for by typing or pointing.  You can copy it like any regular formula, it even appears in the function selector on the formula bar with its own help dialog.  The difference is that it has been programmed specifically to do calculations that you use regularly.  Like the example above, it can even look up tables for you.
 

© 2004  PBMS Consultants  HP13 7BE  United Kingdom  +44 (0 ) 1494 815306
All product names and trademarks are the property of their registered owners.
PBMS is not affiliated to or endorsed by Microsoft or any other organisation listed on this site.