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It could also be a data collection repository as the Excel file gets emailed around to the appropriate people. SharePoint doesn’t necessarily have to replace the Excel file.
SharePains by Pieter Veenstra on MSN12d

2 Actions to run script in Excel from Power Automate flows

Within Power Automate, it has been possible to run scripts in Excel using the Run Script action. Did you know that there is a ...
JavaScript isn't replacing Office macros anytime soon, but the Office Web apps (and the SharePoint-based enterprise equivalents) are improving regularly. For users that means simple but useful ...