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Head-to-head · AI Spreadsheet Tools

ChatGPT for Excel vs Formula Bot (now Better Analyst)

  • Updated Oct 2026
  • Both researched from official sources
  • 5 checks side by side
Higher score ChatGPT for Excel #4 in AI Spreadsheet Tools 9.0/10 Free plan Free plan✓ 4 of 6 features Visit OpenAI
Formula Bot (now Better Analyst) #5 in AI Spreadsheet Tools 8.9/10 Free plan Free plan✓ 4 of 6 features Visit Better Analyst

ChatGPT for Excel leads on 0 checks, Formula Bot (now Better Analyst) on 0, and 5 are even. Who comes out ahead on the 5 yes/no, price and count checks where we have data for both products. The editor score weighs everything else too.

Our verdict

  • Highest scoreChatGPT for Excel · 9.0/10
  • Free planboth

ChatGPT for Excel scores higher on our rubric for ai spreadsheet tools: 9.0 against 8.9 out of 10; our editors rank them #4 and #5.

On primary platform, Formula Bot (now Better Analyst) gives you Multiple where ChatGPT for Excel offers Microsoft_excel.

ChatGPT for Excel is the better fit for excel users wanting an AI agent. Formula Bot (now Better Analyst) is the better fit for analytics-heavy spreadsheet users.

  • ChatGPT for Excel fits best

    Excel users wanting an AI agent

  • Formula Bot (now Better Analyst) fits best

    Analytics-heavy spreadsheet users

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Side by side

Feature ChatGPT for Excel 9.0/10 Visit ↗ Formula Bot (now Better Analyst) 8.9/10 Visit ↗
At a glance
Editor score 9.0 8.9
Ranking #4 in AI Spreadsheet Tools #5 in AI Spreadsheet Tools
Best for Excel users wanting an AI agent Analytics-heavy spreadsheet users
Pricing model Free plan + paid Free plan + paid
Starting price — $20/mo
Free plan ✓ ✓
Free trial — —
Deployment Cloud Cloud
Platforms Web Web
Support Live chat, Docs Docs
Built for Solo, Small business, Mid-market, Enterprise Solo, Small business, Mid-market
Features ChatGPT for Excel 4/6 · Formula Bot (now Better Analyst) 4/6
Formula generation ✓ ✓
Table transformation ✓ ✓
Spreadsheet analysis ✓ ✓
Workflow automation ✓ ✓
Custom functions Not checked yet Not checked yet
API access Not checked yet Not checked yet
Specs
Primary platform Microsoft_excel Multiple
Our review
Pros
  • Creates and updates workbooks from natural-language instructions
  • Analyzes large, multi-tab files and runs scenarios
  • Handles formulas, formatting, charts, and planning tasks
  • Generates and explains natural-language spreadsheet formulas
  • Analyzes trends, anomalies, tables, charts, and dashboards
  • Connects spreadsheets, databases, warehouses, and analytics tools
Cons
  • Excel extension access varies by ChatGPT plan
  • It is tied to ChatGPT plans, not separately priced
  • The primary platform is web-based Excel
  • Starter begins at $20 per month
  • Advanced workspace and security features require paid tiers
  • The broad feature set may exceed simple formula needs
Our verdict

ChatGPT for Excel is an OpenAI add-in that places ChatGPT in a sidebar inside Microsoft Excel. It is designed for analysts, accountants, strategists, researchers, and other spreadsheet-heavy users who want to create or revise workbooks…

Read the review →

Formula Bot, now Better Analyst, is an AI-powered analytics platform for individuals and growing businesses. It works with Excel, Google Sheets, CSVs, databases, and connected business data through natural-language prompts. Users can…

Read the review →
  1. ChatGPT for ExcelAI Spreadsheet Tools 9.0Free plan
  2. Formula Bot (now Better Analyst)AI Spreadsheet Tools 8.9Free plan

Strengths and trade-offs

  • ChatGPT for Excel — where it wins

    • Creates and updates workbooks from natural-language instructions
    • Analyzes large, multi-tab files and runs scenarios
    • Handles formulas, formatting, charts, and planning tasks

    Where it doesn't

    • Excel extension access varies by ChatGPT plan
    • It is tied to ChatGPT plans, not separately priced
    • The primary platform is web-based Excel

  • Formula Bot (now Better Analyst) — where it wins

    • Generates and explains natural-language spreadsheet formulas
    • Analyzes trends, anomalies, tables, charts, and dashboards
    • Connects spreadsheets, databases, warehouses, and analytics tools

    Where it doesn't

    • Starter begins at $20 per month
    • Advanced workspace and security features require paid tiers
    • The broad feature set may exceed simple formula needs
  • ChatGPT for Excel9.0/10 · Free plan

    An Excel add-in for creating, analyzing, and updating workbooks with natural-language instructions.

    Visit OpenAIFull verdict →
  • Formula Bot (now Better Analyst)8.9/10 · Free plan

    A broad AI analytics workspace for spreadsheet users who need automation and connected data.

    Visit Better AnalystFull verdict →

More comparisons

All AI spreadsheet tools comparisons → · Full ranking →

Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026

Last updated · How we research and update