Not really. I mean, if objects corresponded directly and only to business organizations—the active entities in business—OOP would correspond tolerably well to how “the real business world” works, but as usually implemented OOP is a very bad model for the business world, and particularly the assignment of functionality to objects bears no relation to the underlying business reality.
IME, people don't actually “reason better with objects”, either.
Excel is a pure functional programming language, BTW.