A pivot table is a tool that allows you to summarize, organize and analyze data. With a pivot table, you can quickly explore your data, identify patterns, and make important decisions. Pivot tables are widely used in many industries for financial analysis. They are used for analyzing sales data to uncover trends and patterns such as which products sell better than others or which customers spend more money on certain products. Pivot tables also help businesses forecast future revenue by extrapolating from past sales figures.