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1 Excel's DATEDIF Function If you regularly work with dates and times in Excel, then it is worth learning how some of Excel's date-related functions operate. 2  There are over 20 functions in this group, â¦. 3  How to Quickly Sum a Column in Excel SUM is one of the commonly used functions in Excel. One of the most useful functions in Excel is the IF function. What it does is test a value in a specific cell to see if that value meets a certain condition. If the valu â¦ e does meet the condition, one result will happen, if false, a different action will occur.