Excel Formula Bot is an AI-powered tool that can transform text instructions into Excel formulas quickly and for free. It is a trusted solution used by Fortune 500 companies, governments, and SMBs. The tool can turn spreadsheet problems into formulas in seconds, with easy, medium, and hard examples provided. It also offers formula explanations and add-ons for both Excel and Google Sheets. Users can calculate the cost of time spent figuring out the right formula and compare it to the tool's cost of $6.99 per month. Overall, the tool is designed to help users work faster and smarter in Excel and Google Sheets.