diff --git a/apache-poi/pom.xml b/apache-poi/pom.xml
index a114946c47..333339ed33 100644
--- a/apache-poi/pom.xml
+++ b/apache-poi/pom.xml
@@ -32,7 +32,7 @@
     </dependencies>
 
     <properties>
-        <poi.version>3.15</poi.version>
+        <poi.version>4.1.1</poi.version>
         <jexcel.version>1.0.6</jexcel.version>
     </properties>
 
diff --git a/apache-poi/src/main/java/com/baeldung/poi/excel/ExcelCellFormatter.java b/apache-poi/src/main/java/com/baeldung/poi/excel/ExcelCellFormatter.java
new file mode 100644
index 0000000000..4a8854620c
--- /dev/null
+++ b/apache-poi/src/main/java/com/baeldung/poi/excel/ExcelCellFormatter.java
@@ -0,0 +1,20 @@
+package com.baeldung.poi.excel;
+
+import org.apache.poi.ss.usermodel.Cell;
+import org.apache.poi.ss.usermodel.DataFormatter;
+import org.apache.poi.ss.usermodel.FormulaEvaluator;
+import org.apache.poi.ss.usermodel.Workbook;
+
+public class ExcelCellFormatter {
+
+    public String getCellStringValue(Cell cell) {
+        DataFormatter formatter = new DataFormatter();
+        return formatter.formatCellValue(cell);
+    }
+
+    public String getCellStringValueWithFormula(Cell cell, Workbook workbook) {
+        DataFormatter formatter = new DataFormatter();
+        FormulaEvaluator evaluator = workbook.getCreationHelper().createFormulaEvaluator();
+        return formatter.formatCellValue(cell, evaluator);
+    }
+}
diff --git a/apache-poi/src/test/java/com/baeldung/poi/excel/ExcelCellFormatterIntegrationTest.java b/apache-poi/src/test/java/com/baeldung/poi/excel/ExcelCellFormatterIntegrationTest.java
new file mode 100644
index 0000000000..889ee1b527
--- /dev/null
+++ b/apache-poi/src/test/java/com/baeldung/poi/excel/ExcelCellFormatterIntegrationTest.java
@@ -0,0 +1,128 @@
+package com.baeldung.poi.excel;
+
+import static org.junit.Assert.assertEquals;
+
+import java.io.File;
+import java.io.FileOutputStream;
+import java.io.IOException;
+
+import org.apache.poi.ss.usermodel.Cell;
+import org.apache.poi.ss.usermodel.CellStyle;
+import org.apache.poi.ss.usermodel.DataFormat;
+import org.apache.poi.ss.usermodel.Row;
+import org.apache.poi.ss.usermodel.Sheet;
+import org.apache.poi.ss.usermodel.Workbook;
+import org.apache.poi.xssf.usermodel.XSSFWorkbook;
+import org.junit.After;
+import org.junit.Before;
+import org.junit.Test;
+
+public class ExcelCellFormatterIntegrationTest {
+    private static int STRING_CELL_INDEX = 0;
+    private static int BOOLEAN_CELL_INDEX = 1;
+    private static int RAW_NUMERIC_CELL_INDEX = 2;
+    private static int FORMATTED_NUMERIC_CELL_INDEX = 3;
+    private static int FORMULA_CELL_INDEX = 4;
+
+    private String fileLocation;
+
+    @Before
+    public void generateExcelFile() throws IOException {
+
+        Workbook workbook = new XSSFWorkbook();
+
+        Sheet sheet = workbook.createSheet("Test");
+        Row row = sheet.createRow(0);
+        Cell cell = row.createCell(STRING_CELL_INDEX);
+        cell.setCellValue("String Test"); // STRING cell
+
+        cell = row.createCell(BOOLEAN_CELL_INDEX);
+        cell.setCellValue(true); // BOOLEAN cell
+
+        cell = row.createCell(RAW_NUMERIC_CELL_INDEX);
+        cell.setCellValue(1234.5678); // NUMERIC cell
+
+        cell = row.createCell(FORMATTED_NUMERIC_CELL_INDEX);
+        cell.setCellValue(1234.5678);
+        CellStyle curStyle = workbook.createCellStyle();
+        DataFormat df = workbook.createDataFormat();
+        curStyle.setDataFormat(df.getFormat("$#,##0.00"));
+        cell.setCellStyle(curStyle); // NUMERIC cell with format rule
+
+        cell = row.createCell(FORMULA_CELL_INDEX);
+        cell.setCellFormula("SUM(C1:D1)"); // FORMULA cell
+
+        File tempFile = File.createTempFile("ExcelCellFormatterIntegrationTest", ".xlsx");
+
+        fileLocation = tempFile.getAbsolutePath();
+
+        FileOutputStream outputStream = new FileOutputStream(fileLocation);
+        workbook.write(outputStream);
+        workbook.close();
+        outputStream.close();
+    }
+
+    @Test
+    public void gvieStringCell_whenGetCellStringValue_thenReturnStringValue() throws IOException {
+        Workbook workbook = new XSSFWorkbook(fileLocation);
+        Sheet sheet = workbook.getSheetAt(0);
+        Row row = sheet.getRow(0);
+
+        ExcelCellFormatter formatter = new ExcelCellFormatter();
+        assertEquals("String Test", formatter.getCellStringValue(row.getCell(STRING_CELL_INDEX)));
+        workbook.close();
+    }
+
+    @Test
+    public void gvieBooleanCell_whenGetCellStringValue_thenReturnBooleanStringValue() throws IOException {
+        Workbook workbook = new XSSFWorkbook(fileLocation);
+        Sheet sheet = workbook.getSheetAt(0);
+        Row row = sheet.getRow(0);
+
+        ExcelCellFormatter formatter = new ExcelCellFormatter();
+        assertEquals("TRUE", formatter.getCellStringValue(row.getCell(BOOLEAN_CELL_INDEX)));
+        workbook.close();
+    }
+
+    @Test
+    public void gvieNumericCell_whenGetCellStringValue_thenReturnNumericStringValue() throws IOException {
+        Workbook workbook = new XSSFWorkbook(fileLocation);
+        Sheet sheet = workbook.getSheetAt(0);
+        Row row = sheet.getRow(0);
+
+        ExcelCellFormatter formatter = new ExcelCellFormatter();
+        assertEquals("1234.5678", formatter.getCellStringValue(row.getCell(RAW_NUMERIC_CELL_INDEX)));
+        assertEquals("$1,234.57", formatter.getCellStringValue(row.getCell(FORMATTED_NUMERIC_CELL_INDEX)));
+        workbook.close();
+    }
+
+    @Test
+    public void gvieFormualCell_whenGetCellStringValue_thenReturnOriginalFormulaString() throws IOException {
+        Workbook workbook = new XSSFWorkbook(fileLocation);
+        Sheet sheet = workbook.getSheetAt(0);
+        Row row = sheet.getRow(0);
+
+        ExcelCellFormatter formatter = new ExcelCellFormatter();
+        assertEquals("SUM(C1:D1)", formatter.getCellStringValue(row.getCell(FORMULA_CELL_INDEX)));
+        workbook.close();
+    }
+
+    @Test
+    public void gvieFormualCell_whenGetCellStringValueForFormula_thenReturnOriginalFormulatring() throws IOException {
+        Workbook workbook = new XSSFWorkbook(fileLocation);
+        Sheet sheet = workbook.getSheetAt(0);
+        Row row = sheet.getRow(0);
+
+        ExcelCellFormatter formatter = new ExcelCellFormatter();
+        assertEquals("2469.1356", formatter.getCellStringValueWithFormula(row.getCell(FORMULA_CELL_INDEX), workbook));
+        workbook.close();
+    }
+
+    @After
+    public void cleanup() {
+        File testFile = new File(fileLocation);
+        if (testFile.exists()) {
+            testFile.deleteOnExit();
+        }
+    }
+}
\ No newline at end of file