Sometimes that's the tool you need for the job, and no other will work as quickly or as well. The windows excel team knocks it out of the park pretty much every time.
Unfortunately it is both missing many features and runs much slower than its Windows equivalent. For the work I do (as a financial analyst), Excel for Mac is unworkable.
See Microsoft's side-by-side comparison - https://support.office.com/en-us/article/Compare-Excel-2016-...
SQL Server (Data Tables and Views) >>> Access (Queries via visual wizard) >>> Excel (Reports linked via MS Query)
PS: We also use data cubes (SQL Analysis Services) but those have to be setup on the IT side, so we tend to disfavour them due to depending on a bottleneck human resource. Although with Cubes you can write Cube formulas straight from excel bypassing the Access stpe