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In this tutorial by Chris Menard, part of his one-minute Excel video series, he explains the MONTH function, which extracts the month from a given date, returning a value from 1 to 12. He demonstrates this by inserting a new column in Excel, typing "MONTH," and using the function to reference a date from a cell. After applying the function, he cleans up the format by removing decimals or changing it to general format. He shows how this extracted month data can be useful for sorting, specifically sorting invoice dates by month, disregarding the day and year. He concludes by sorting the months from smallest to largest.