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There are many, many software solutions for excel to outlook conversion; just do a Google search and you will see hundreds. Unfortunately, your question is going to bring the spammers out like ants at a picnic, each giving a link to their 3rd rate software. Think about it, if you have decent software, are you going to spam forums with links to a “buy it now” page? Of course not.
As a rule, I never purchase anything from any company that spams forums, and I hope everyone follows that rule (1) prevent the spread of poor quality software, and (2) ensure that spammers do not profit from their efforts.
Fortunately, Answers seems pretty well moderated, so most of the spam gets taken down pretty quickly here.