diff --git a/components/microsoft_excel/actions/add-a-worksheet-tablerow/add-a-worksheet-tablerow.mjs b/components/microsoft_excel/actions/add-a-worksheet-tablerow/add-a-worksheet-tablerow.mjs
index d51a3cbe7c595..def9938547828 100644
--- a/components/microsoft_excel/actions/add-a-worksheet-tablerow/add-a-worksheet-tablerow.mjs
+++ b/components/microsoft_excel/actions/add-a-worksheet-tablerow/add-a-worksheet-tablerow.mjs
@@ -4,7 +4,7 @@ import microsoftExcel from "../../microsoft_excel.app.mjs";
 export default {
   key: "microsoft_excel-add-a-worksheet-tablerow",
   name: "Add A Worksheet Tablerow",
-  version: "0.0.2",
+  version: "0.0.3",
   description: "Adds rows to the end of specific table. [See the documentation](https://learn.microsoft.com/en-us/graph/api/tablerowcollection-add?view=graph-rest-1.0&tabs=http)",
   type: "action",
   props: {
diff --git a/components/microsoft_excel/actions/update-worksheet-tablerow/update-worksheet-tablerow.mjs b/components/microsoft_excel/actions/update-worksheet-tablerow/update-worksheet-tablerow.mjs
index 0b56aca87471f..aef3833a11baa 100644
--- a/components/microsoft_excel/actions/update-worksheet-tablerow/update-worksheet-tablerow.mjs
+++ b/components/microsoft_excel/actions/update-worksheet-tablerow/update-worksheet-tablerow.mjs
@@ -3,7 +3,7 @@ import microsoftExcel from "../../microsoft_excel.app.mjs";
 export default {
   key: "microsoft_excel-update-worksheet-tablerow",
   name: "Update Worksheet Tablerow",
-  version: "0.0.2",
+  version: "0.0.3",
   description: "Update the properties of tablerow object. `(Only for work or school account)` [See the documentation](https://learn.microsoft.com/en-us/graph/api/tablerow-update?view=graph-rest-1.0&tabs=http)",
   type: "action",
   props: {
diff --git a/components/microsoft_excel/microsoft_excel.app.mjs b/components/microsoft_excel/microsoft_excel.app.mjs
index d1f8359545e20..60c8d28404756 100644
--- a/components/microsoft_excel/microsoft_excel.app.mjs
+++ b/components/microsoft_excel/microsoft_excel.app.mjs
@@ -9,7 +9,7 @@ export default {
       label: "Folder Id",
       description: "The ID of the folder where the item is located.",
       async options() {
-        const folders = await this.listFolders();
+        const folders = await this.listFolderOptions();
         return [
           "root",
           ...folders,
@@ -120,38 +120,6 @@ export default {
         path: `subscriptions/${hookId}`,
       });
     },
-    async listFolders({
-      folderId = null,
-      prefix = "", ...args
-    } = {}) {
-      const foldersArray = [];
-      const { value: items } = await this._makeRequest({
-        path: folderId
-          ? `/me/drive/items/${folderId}/children`
-          : "me/drive/root/children",
-        ...args,
-      });
-
-      const folders = items.filter((item) => item.folder);
-      for (const {
-        id, name, folder: { childCount = null },
-      } of folders) {
-        foldersArray.push({
-          value: id,
-          label: `${prefix}${name}`,
-        });
-
-        if (childCount) {
-          const children = await this.listFolders({
-            folderId: id,
-            prefix: prefix + "-",
-          });
-          foldersArray.push(...children);
-        }
-      }
-
-      return foldersArray;
-    },
     listItems({
       folderId, ...args
     }) {
@@ -196,5 +164,87 @@ export default {
         ...args,
       });
     },
+    batch(args = {}) {
+      return this._makeRequest({
+        method: "POST",
+        path: "$batch",
+        ...args,
+      });
+    },
+    async listFolderOptions({
+      folderId = null, prefix = "", batchLimit = 20, ...args
+    } = {}) {
+      const options = [];
+      const stack = [
+        {
+          folderId,
+          prefix,
+        },
+      ];
+      const history = [];
+
+      try {
+        while (stack.length) {
+          const currentBatch = [];
+          while (stack.length && currentBatch.length < batchLimit) {
+            const {
+              folderId,
+              prefix,
+            } = stack.shift();
+            history.push({
+              folderId,
+              prefix,
+            });
+            currentBatch.push({
+              id: folderId || "root",
+              method: "GET",
+              url: folderId
+                ? `/me/drive/items/${folderId}/children?$filter=folder ne null`
+                : "/me/drive/root/children?$filter=folder ne null",
+            });
+          }
+
+          const { responses: batchResponses } =
+            await this.batch({
+              ...args,
+              data: {
+                ...args?.data,
+                requests: currentBatch,
+              },
+            });
+
+          batchResponses.forEach(({
+            id, status, body,
+          }) => {
+            if (status === 200) {
+              body.value.forEach((item) => {
+                const {
+                  id, name, folder: { childCount }, parentReference: { id: parentId },
+                } = item;
+                const prefix = history.find(({ folderId }) => folderId === parentId)?.prefix || "";
+                const currentLabel = `${prefix}${name}`;
+                options.push({
+                  value: id,
+                  label: currentLabel,
+                });
+
+                if (childCount) {
+                  stack.push({
+                    folderId: id,
+                    prefix: `${currentLabel}/`,
+                  });
+                }
+              });
+            } else {
+              console.error(`Error in batch request ${id}:`, JSON.stringify(body));
+            }
+          });
+        }
+      } catch (error) {
+        console.error("Error listing folders:", error);
+      }
+
+      return options;
+    },
   },
 };
diff --git a/components/microsoft_excel/package.json b/components/microsoft_excel/package.json
index 037913b3cf3ce..c81189006ac23 100644
--- a/components/microsoft_excel/package.json
+++ b/components/microsoft_excel/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@pipedream/microsoft_excel",
-  "version": "0.1.1",
+  "version": "0.1.2",
   "description": "Pipedream Microsoft Excel Components",
   "main": "microsoft_excel.app.mjs",
   "keywords": [
@@ -13,7 +13,7 @@
     "access": "public"
   },
   "dependencies": {
-    "@pipedream/platform": "^1.5.1",
+    "@pipedream/platform": "^3.0.1",
     "moment": "^2.29.4"
   }
 }
diff --git a/components/microsoft_excel/sources/new-item-updated/new-item-updated.mjs b/components/microsoft_excel/sources/new-item-updated/new-item-updated.mjs
index 11fb38d1410ac..3f8f9e29f8ddc 100644
--- a/components/microsoft_excel/sources/new-item-updated/new-item-updated.mjs
+++ b/components/microsoft_excel/sources/new-item-updated/new-item-updated.mjs
@@ -7,7 +7,7 @@ export default {
   key: "microsoft_excel-new-item-updated",
   name: "New Item Updated (Instant)",
   description: "Emit new event when an item is updated.",
-  version: "0.0.2",
+  version: "0.0.3",
   type: "source",
   props: {
     microsoftExcel,
diff --git a/pnpm-lock.yaml b/pnpm-lock.yaml
index 87019953169ea..425f9b01140e2 100644
--- a/pnpm-lock.yaml
+++ b/pnpm-lock.yaml
@@ -5956,10 +5956,10 @@ importers:
 
   components/microsoft_excel:
     specifiers:
-      '@pipedream/platform': ^1.5.1
+      '@pipedream/platform': ^3.0.1
       moment: ^2.29.4
     dependencies:
-      '@pipedream/platform': 1.5.1
+      '@pipedream/platform': 3.0.1
       moment: 2.29.4
 
   components/microsoft_onedrive: