As its name indicates, IBM Lotus Spreadsheets is a tool used to create spreadsheets. You can use this tool to calculate, display, and analyze your data. As with other spreadsheet applications, the tool allows you to use functions to create formulas that perform advanced calculations with your data.

One feature gives you the ability to change one factor in a calculation with many factors so that the user can see how it affects the calculation. This is useful when exploring multiple scenarios. IBM Lotus Spreadsheets also has a dynamic function that will automatically update charts when the data changes.