Does anyone know how to set up an excel spreadsheet so when updates are made to the spreadsheet, the data will automatically update in a GIS map?

I'm use Arcmap by Esri version 10.3?

I am trying to create a GIS map that contains data for over 200 monitoring wells that are sampled 4 times a year. I would like to set up the GIS map so the attributes table for the well layer updates automatically when I update the excel spreadsheet that I would like to link to the well layer attributes. Is there an easy way to link an excel spread sheet to an attribute table so the attributes will update automatically when the excel file is updated. I found some information about this topic in the question pool, but didn’t find a clear solution.

I'm using Arcmap by Esri version 10.3?