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Frequent Asked Questions

Who is Excel Business Solutions?

What services does Excel Business Solutions offer?

Where do I go from here to inquire about your services?

What is the consulting process?

Do you provide on site services?

What is the cost of your consulting service?

What kind of payment methods are available?

How can I be ensured that the development of the project is going on the right track?

Do I pay only after the project is completed?

Q. Who is Excel Business Solutions?

A. Excel Business Solutions is an Excel consulting and data processing company. At Excel Business Solutions, we provide Excel consulting services through database programming, Excel VBA (macro) automation, data mining, time series forecasting, financial and business modeling.

Most of our Excel consultants have more than 10 years of professional experience in data analysis with advanced business degrees.

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Q. What services does Excel Business Solutions offer?

A. Our services include but are not limited to:

Database Programming
Reporting
Data Manipulation and Conversion
Database Marketing
Data Audit
Data Cleansing
Data Mining and Forecasting
Data Integration
Financial Modeling
Query Calculator and Tools
Customized Excel Functions
Spreadsheet and Database Design

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Q. Where do I go from here to inquire about your services?

A. Simply call us or use the Customer Inquiry Form located under the Contact Us page and fill it out. We will try our best to contact all customers within one day.

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Q. What is the consulting process?

A. Customers provide us with the description of the project and we provide them an estimated quote for the services and the approximate date of delivery. Most of the time, the clients will be required to make a financial deposit as a commitment to the project. For small projects, a full advanced payment is required. Upon accepting the terms of both parties, we will start to work on the project. When the project is completed and accepted, customers will be billed for any outstanding balance.

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Q. Do you provide on site services?

A. Unfortunately, we do not provide on site services. We do every project remotely so that we can allocate our resources more effectively when managing multiple projects at the same time. This helps us to offer a competitive rate for our Excel consulting services.

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Q. What is the cost of your consulting services?

A. We have a standard hourly rate, but depending on the nature of the project, it may vary. Customers will need to contact us and provide their project description to receive an estimated quote.

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Q. What kind of payment methods are available?

A. We accept domestic (U.S.) checks and credit cards. Credit card payments are handled by Paypal. Customers do not need to register with Paypal in order to pay with their credit cards. Click here for more detail.

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Q. How can I be ensured that the development of the project is going on the right track?

A. In order to meet with our customers’ expectation of their project, we can arrange checkpoints throughout the project development to ensure that the project is on the right track.

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Q. Do I pay only after the project is completed?

A. Most of our clients will be required to make a financial deposit as a commitment to the project. For small project, a full advanced payment is required. Upon accepting the terms from both parties, we will start to work on the project. When the project is completed and accepted, customers will be billed for any outstanding balance.


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Monte Carlo Simulation

A Monte Carlo algorithm is often a numerical Monte Carlo method used to find solutions to mathematical problems (which may have many variables) that cannot easily be solved, for example, by integral calculus, or other numerical methods. For many types of problems, its efficiency relative to other numerical methods increases as the dimension of the problem increases. Or it may be a method for solving other mathematical problems that relies on (pseudo-)random numbers. Monte Carlo methods are useful for modeling phenomena with significant uncertainty in inputs, such as the calculation of risk in business. Monte Carlo methods have also proven efficient in solving coupled integral differential equations of radiation fields and energy transport, and thus these methods have been used in global illumination computations which produce photorealistic images of virtual 3D models, with applications in video games, architecture, design, computer generated films, special effects in cinema, business, economics and other fields. The advantage Monte Carlo methods offer increases as the dimensions of the problem increase.
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