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what is power BI
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What is Power BI?

what is power BI

Modern businesses depend on data, and we’re producing more of it than ever before. However, accumulating volumes of digital data is useless unless companies can make use of it. Business intelligence tools can help with this. Are you planning to introduce a platform to assist you in extracting valuable, actionable insight from your data? You have arrived at the right place. In this blog, we will go over the fundamentals of Microsoft Power BI, like what it can do, what it costs, and what benefits it can provide to your company.

What is Power BI?

Power BI is a business analytics tool by Microsoft that empowers organizations to visualize and analyze data, enabling data-driven decision-making. It allows users to connect to various data sources, transform data, and create interactive reports and dashboards. 

 

Mainly, it draws data together and transforms it, transforming it into meaningful insights, including using visually convincing and easy-to-process charts and graphs. This allows users to create and share simple and useful snapshots of what’s happening in their market. 

What is Power BI Used For?

It is primarily used for: 

  • Data Visualization: Creating visually appealing reports and dashboards that help users understand data trends and patterns. 
  • Business Intelligence: Transforming raw data into actionable insights to support strategic decision-making. 
  • Data Analysis: Allowing businesses to analyze data from multiple sources in real-time. 
  • Reporting: Developing detailed, interactive reports that provide in-depth insights and promote alignment across the organization. 
  • Sharing & Collaboration: Facilitating collaboration among team members by sharing insights and reports in a secure and controlled environment. 
  • Financial Analysis: Create and analyze financial reports to understand business performance. 
  • Marketing and Sales: Leverage data to improve customer engagement and sales strategies. 

Components of Power BI

The tool comprises several key components, each serving a specific purpose: 

 

  • Power BI Desktop: A desktop application used to create and publish reports. It offers robust data modeling and visualization capabilities and serves as the primary tool for data analysts. 
  • Power Query: Power Query is a powerful tool for data cleaning and transformation, enabling users to manipulate data from various sources effortlessly. Its intuitive interface streamlines complex processes, ensuring data is efficiently prepared for analysis. 
  • Model View: A data modeling component that allows users to create complex models, define relationships, and perform calculations using DAX. 
  • Report View: An interactive data visualization tool that allows users to create dynamic charts, graphs, and maps for data exploration. 
  • Power BI Service: A cloud-based platform that allows users to share, collaborate, and consume Power BI reports and dashboards. It is ideal for distributing insights across an organization. 
  • Power BI Mobile: Mobile applications available for iOS, Android, and Windows devices, enabling users to access their reports and dashboards on the go. 
  • Power BI Report Server: An on-premises server that can host and manage Power BI reports and paginated reports. It is particularly useful for organizations that need to keep their data on-premises due to security or compliance requirements. 

Benefits of Using Power BI

Power BI transforms a company’s data into actionable reports and insights by connecting to various data sources and cleaning the information for better comprehension. This enables the creation of shareable reports and visualizations that enhance collaboration across teams.

  • Comprehensive Data Insights: Users can analyze historical data, monitor current trends, and leverage predictive analytics to anticipate future outcomes.
  • Advanced Analytics: Power BI harnesses machine learning capabilities to identify patterns in data, helping businesses make informed decisions and generate forecasts.
  • Interactive Dashboards: Users can create personalized dashboards tailored to their specific needs, ensuring quick access to vital information.

As a stable Microsoft-hosted cloud service, Power BI provides users with seamless access to dashboards, reports, and applications via web browsers or mobile apps for Windows, iOS, and Android. Other benefits of using it include:

 

  • Powerful Visualization Tools: Enhance data understanding with robust visualization features that turn complex data into clear, actionable insights.
  • Cloud-Based Advantages: Benefit from cutting-edge intelligence technologies and powerful algorithms that are regularly updated, ensuring users always have access to the latest tools.
  • Customizable Dashboards: Tailor dashboards to highlight the most relevant data, allowing users to focus on key performance indicators (KPIs).
  • Real-Time Alerts: Set up alerts for critical metrics, keeping users informed of any significant changes or updates in their data.
  • User-Friendly Interface: Enjoy a more intuitive experience compared to complex spreadsheets, making data analysis accessible to users at all skill levels.
  • Robust Data Security: Ensure data protection with granular access controls, allowing for secure sharing of information both internally and externally.

Power BI Architecture

The Power BI architecture is designed to provide flexibility and scalability. It consists of the following layers: 

 

  1. Data Sources: Power BI connects to various data sources, including databases, cloud services, and files. Data is extracted and transformed. 
  2. Data Storage: After extraction and transformation, data is stored in the Power BI cloud-based service or on-premises in the Power BI Report Server.
  3. Data Modeling: Users can create relationships between different data tables, define calculations, and create data models using Power BI Desktop.
  4. Data Visualization: Users create interactive reports and dashboards using the visualization tools provided in Power BI Desktop. 
  5. Report Publishing & Collaboration: The Power BI Service is where reports and dashboards are published and shared. It also handles user management, security, and data refresh.

Power BI Services

It offers several services that enhance its functionality: 

  • Power BI Pro: A subscription-based service that provides enhanced collaboration and sharing features. 
  • Power BI Premium: Offers dedicated cloud resources, greater data capacity, and advanced features, such as paginated reports and AI capabilities. 
  • Power BI Embedded: Aimed at developers, this service allows reports and dashboards to be embedded within custom applications. 

Power BI Dashboard

A Power BI Dashboard is a single-page, interactive view of your data, created from one or more reports. It allows users to monitor business metrics briefly and drill down into details as needed. Dashboards can be customized with various visualizations, such as charts, graphs, and tables, and can be shared with others for collaborative decision-making. 

Top Power BI Pack of Dashboards

We offer a customized dashboard package tailored to meet the unique needs of your business. Our dashboards are designed to provide real-time insights and help you make data-driven decisions with ease. Whether you’re looking to optimize financial performance, streamline inventory management, or drive sales, our Power BI dashboards will give you the tools you need to achieve your business goals.

Here’s what you can expect in our Top Pack of BI Dashboards which includes following:

  • Finance Dashboard: Gain in-depth insights into your financial operations, track key financial KPIs, and improve budgeting and forecasting accuracy.
  • Inventory Dashboard: Track inventory levels, reduce waste, optimize stock levels, and improve inventory turnover rates with real-time data insights.
  • Sales Dashboard: Get a comprehensive view of your sales data, identify high-performing products, and make strategic decisions to boost revenue.
  • Purchases Dashboard: Manage purchasing activities, monitor supplier performance, and control procurement costs effectively. 
  • Retail Sales Dashboard: Analyze retail sales performance, track customer trends, and optimize inventory levels for maximum profitability.
  • HR Dashboard: Track employee analysis, record payroll and recruitment for informed organizational decision-making.

Why Choose Our Dashboard Packs?

  • Ready-to-Use: Get started quickly with pre-built dashboards tailored to your industry. 
  • Customizable: Easily adjust visualizations and data models to fit your specific needs. 
  • Comprehensive Insights: Access a wide range of metrics and KPIs for in-depth analysis. 
  • Expert Support: Benefit from our dedicated support team to help you get the most out of your dashboard packs. 

Who Can Use it?

Although business intelligence products are usually the territory of business analysts and data scientists, Power BI’s user-friendly nature enables it to be used by a wide range of people within an organization. Power BI will build customized dashboards based on the data you want to see and the details you need. 

 

It’s mainly used by business intelligence practitioners to build data models and reports that are then circulated to their company. It is frequently used as a self-service tool by different sections of the business to check on progress and gain insight into their team’s success. Not all companies, however, would have the scale or need to support a full-time data whiz, so it is frequently used as a self-service tool by various branches of the business to check on performance and gain insight into their team’s performance. Power BI will report on almost anything because it operates with whatever data you give it. Finance, Retail Sales, Inventory, Sales, and operations are among the divisions that use it the most. 

Takeaway

Global Data 365 offers financial analytics solutions for the entire Microsoft Dynamics software products. We have been assisting business leaders in getting the knowledge they need effectively, reliably, and efficiently for almost 8+ years. We offer a wide range of Power BI Training Programs, if you want to learn it from beginner to advanced level. Get Consultation and choose the best training for you or your team, to revolutionize your reporting. 

 

If you want to learn more about how Power BI can transform your business operations, we suggest learning more about the advantages of our quick but efficient reporting tools. 

Register Now and Get 25% off on Power BI Training!

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power bi vs jet reports
Blogs

Power BI vs. Jet Reports

power bi vs jet reports

Power BI vs. Jet Reports: the ultimate comparison between two powerful tools that cater to different aspects of data analysis and reporting, each with its strengths and unique features. 

 

Power BI, developed by Microsoft, is a comprehensive business analytics tool that enables users to visualize and analyze data through interactive reports and dashboards. It excels at creating interactive dashboards and reports for tailored insights. However, Power BI does have some limitations when it comes to financial and operational reporting. Creating reports is complex, requiring DAX scripting and technical knowledge. It lacks drill-down capability to Dynamics NAV/365 Business Central, and needs detailed transactions in the data model. 

 

While Jet Reports is a business reporting solution designed to work with Microsoft Dynamics ERP systems, such as Dynamics NAV and Dynamics 365 Business Central. It provides fast, flexible financial and business reporting within Excel environment. It simplifies access to information by enabling real-time reporting on Microsoft Dynamics data and allows easy sharing of reports across your organization. 

Power BI and Jet Reports: What's the difference?

Both Power BI and Jet Reports are complementary tools in the realm of data analysis and reporting, but they have core differences in their functionality and focus. 

Aspects 

Power BI 

Jet Reports 

Purpose

Microsoft’s robust analytics, best for data visualization and dashboards with interactive visuals.

Focused on detailed financial and operational reporting from Dynamics ERP.

Interface  

Uses Power BI Desktop, requires learning for new users.

Integrates with Excel, familiar for finance professionals.

Visualization

Offers rich, interactive visuals with numerous chart types.

Basic visualizations, prioritizing details on transactions.

 

Data Integration  

Connects to various on-premises, cloud, and third-party sources.

Optimized for Microsoft Dynamics ERP data.

Customization

Strong visual customization, limited for detailed formatting.

High flexibility in formatting and layout via Excel.

 

 

User Base

Used by executives and analysts for high-level insights.

Preferred by finance teams for detailed reporting.

 

Security 

Robust security with role-based access and Azure integration. 

Utilizes the NAV-BC security model, eliminating the need to manage a separate security model. 

Real Time Reporting

Supports live data and frequent refreshes.

Real-time data from Dynamics ERP. 

Drill-down Capabilities 

Advanced drill-down on interactive dashboards.

 Excel-based drill-down functionality.

Report Scheduling and Distribution 

Automates report sharing via Power BI Service.

Reports scheduled and distributed directly from Excel.

Dimensions 

 Supports dimensional analysis for detailed data slicing.

Works seamlessly with Dynamics dimensions.

 

In Conclusion

In conclusion of Power BI vs. Jet Reports; both offer valuable solutions for data analysis and reporting, each has its own strengths and focus. Power BI is a comprehensive tool suitable for users working with diverse data sources, offering advanced data visualization and analysis capabilities. On the other hand, Jet Reports, is specifically designed for reporting of Microsoft Dynamics ERP systems, providing a more streamlined and tailored reporting solution. 

 

The core differences between Power BI and Jet Reports lie in their functionality and integration capabilities. Power BI requires manual or scheduled refreshes for its data model and lacks real-time reporting directly from the ERP. In contrast, Jet Reports enables real-time reporting by directly refreshing reports against the live ERP system, providing a more seamless and integrated reporting experience within the Dynamics environment. 

 

Ultimately, the choice between Power BI and Jet Reports depends on the organization’s specific needs and requirements. Power BI is ideal for users who require extensive data visualization and analysis capabilities, while Jet Reports is more suitable for users within the Dynamics ERP environment who need a specialized reporting solution. Integrating these tools can enhance an organization’s data analysis and reporting capabilities, especially for those leveraging Microsoft Dynamics ERP systems. 

 

Still exploring which solution is right for you? Our experts are here to help! Contact us today to discuss your unique business needs and find the perfect fit. 

 

Our team will guide you through the features and benefits of both Power BI and Jet Reports, helping you understand how each solution aligns with your goals. Whether you need advanced data visualization and analysis capabilities or a specialized reporting tool for Microsoft Dynamics ERP systems, we’ll help you make an informed decision. 

 

Don’t let uncertainty hold you back. Contact us today and discover which tool; Power BI vs. Jet Reports leads you to winning data transformation!

Unlock Powerful Insights: Get Your Free Jet and Power BI Demo!

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Power BI with Jet Analytics
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Power BI with Jet Analytics

Power BI with Jet Analytics

Business intelligence is a much better and less expensive choice than data warehousing for 90% of small to mid-size businesses. Both systems used together; Power BI with Jet Analytics have the same overall goal: to improve data analysis. The immense effort and cost needed to define the data tables and relationships required to drive analytics put data warehousing out of reach for most businesses. Due to the extreme minimal effort and expense needed to get it up and running, business intelligence is becoming the choice of small to mid-size companies, irrespective of which of the two most popular options are used.

 

Jet Analytics from insightsoftware (previously Jet Global) and Power BI from Microsoft are the two most popular business intelligence options in the Microsoft Dynamics environment. Jet Analytics can use either Excel or Jet Reports as a reporting tool, allowing you to have the best experience. Jet Analytics uses pre-defined data cubes to describe the patterns in the data necessary for reporting. Because the table relationships required for accounting, which are focused on financial processes, are not always the same as those required for business analysis, which could be more operational, this method works. This method has many disadvantages, including a higher initial cost, more work to create new data relationships into the data cubes, and the fact that data is only as current as of the last update.

 

A major benefit is the simplicity with which new reports can be created if they match the data cubes, as well as the improved accuracy since the reports are run against a replica of the output database rather than the live database itself. Data can be processed into data cubes from various sources, not all accounting systems.

Benefits of Using Power BI with Jet

Power BI depends on one or more databases to provide real-time or near-real-time data. This means that data is updated in real-time, but output for more detailed reports will not be optimal. Almost any form of the report can be created and distributed through the web or mobile devices. Every consumer can create their own dashboards, each with its own unique insight. It is possible to set up alerts. The details behind the reports can be drilled down by users. To use Power BI, you will need an Office 365 subscription.

 

You cannot really go wrong anyway. Invest a little more upfront to identify data relationships using data cubes in Jet Analytics or subscribe to Office 365 and use Microsoft BI Power to provide your users real-time access to important analytical data. To explore more about these better, less expensive alternatives for your company, we offer 30 days free trial license for you to test it on your very own database or get a personalized training for yourself.

Get a Free Demo of Power BI with Jet Analytics!

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Limitations of Power BI
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Limitations of Power BI – Are They Risky?

Limitations of Power BI

If your business is considering implementing Microsoft’s Power BI analytics framework, you must understand the level of complexity and limitations of Power BI involved in successful integration. Power BI is a many-month software project based on a complex mix of technological elements, not just a device you install and customize. To get it right, you’ll need a lot of preparation and the highest level of management skills. So, what is Power BI and what are some limitations of Power BI?

Power BI

Microsoft’s Power BI is a cloud-based business intelligence service package. It uses insightful visualizations and tables to transform raw data into usable information. Data can be processed and used to make strategic business decisions in a short amount of time. Power BI is a set of business intelligence and data visualization tools that includes software services, applications, and data connectors. Power BI is a user-friendly tool with versatile drag-and-drop design and self-service capabilities. Power BI can be used on both on-premises and cloud systems.

So, what are the limitations of Power BI that you can avoid?

What is Jet Reports?

Jet Reports, on the other hand, is a dynamic business intelligence tool that goes beyond conventional financial reporting. With its user-friendly interface and Jet Dashboard Designer, organizations can leverage its capabilities for comprehensive financial reporting and analysis. Jet Reports is known for its adaptability and ease of use, making it an asset for businesses aiming to enhance their reporting processes. 

We are going to give you three scenarios where a user should consider switching to Jet Reports or Jet Analytics: 

Complexity Involved with Power BI

Most of us have become used to applications that can be downloaded in minutes or even hours in the case of more advanced systems. That’s a fairly straightforward scenario. At the other side of the curve are items that entail some configuration and are designed and implemented by a team of specialized experts to overcome the limitations of Power BI. A full Power BI implementation must solve a slew of design issues. The answers to those questions will affect efficiency, productivity, and adaptability in the long run. Some of the major differences between a Power BI cloud deployment and an on-premise deployment. For instance:

 

– What features should you run, where should they run, and how will they all interact?

 

– What level (or levels) of security do you incorporate?

 

– Will you be using SQL Server Analysis Services to model your results, or will you use the Power BI desktop tool?

 

– Should you use Power BI’s Direct Query function or import data?

 

– Will a gateway component be needed, and if so, where will it be installed?

 

All these are technical questions, but the solutions have long-term consequences, and it’s always difficult to adjust later. This level of complexity necessitates upkeep, which entails additional costs and disruption.

Power BI: Toolset not a Complete Solution

There are no reports included with Power BI out of the box. In fact, Power BI reporting necessitates a substantial upfront expenditure, not just in terms of constructing the technological infrastructure, but also in terms of deciding how you access the data, how and when data must be converted or pre-processed, where you archive them, and so on. After you have answered those design considerations and limitations of Power BI, you will need to put in a lot of time to set up the data access and data flow.

 

Data access is becoming more complex in this age of cloud computing. This is particularly true of Microsoft Dynamics 365 products, which no longer require unlimited reporting access. Microsoft has suggested some possible workarounds, but all of them require major compromises. Microsoft has introduced an indirect layer of “data entities” in Microsoft Dynamics 365 Finance & Supply Chain Management (D365 F&SCM), for instance, that developers can use to obtain entry to ERP data. Personalizing Power BI can be very costly. Since every company is different and has its own set of requirements, customization is unavoidable. Recurring costs arise from the ongoing maintenance of such customizations.

Power BI as a Dashboard Visualization Tool

Power BI was developed to be used as a dashboard visualization tool. It does an adequate job of producing conventional tabular reports, lists of individual records with several columns and subtotals, and it does a great job of providing an insightful visual analysis of what is happening in the market. Traditional banking statements are not generated by Power BI because they are somewhat different from other forms of reports. Some more limitations of Power BI such as Filtering, masking, or grouping GL sums by account column, for example, is commonly required when creating a P&L statement. This is often done in different ways for each row in the report.

 

Columns in the report may be sorted by organizational agency or division, or they can be used to reflect various time spans, budget vs. real, or variance amounts or percentages. Since Limitations of Power BI has a little method of controlling such distinctions, having it generate a comparatively straightforward P&L is a very costly custom programming activity.

Power BI without the Limitations

Global Data 365 offers self-service, user-friendly analytics and reporting tools, as well as collaboration with Power BI and Excel. With the help of Jet Analytics, we hold the guesswork out of Power BI by automating the process of developing a data warehouse with pre-built connectors for over 140 different ERP systems, allowing business leaders and analysts to have the data they demand, when they need it, without any need for specific commands or the complexity and limitations of Power BI stack.

 

Need to overcome the limitations of Power BI, opt for our Power BI Training program today.

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Why-Power-BI-Is-a-Better-Choice-than-Excel-for-Analytics
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Why Power BI is a Better Choice than Excel for Analytics

Why-Power-BI-Is-a-Better-Choice-than-Excel-for-Analytics

Modern businesses depend on data, and we’re producing more of it than ever before. However, accumulating vast volumes of digital data is useless unless companies can leverage it effectively. Business intelligence tools, such as Power BI and Excel, can play a crucial role in this process.

 

Are you planning to introduce a platform to assist you in extracting valuable, actionable insights from your data? You have arrived at the right place. By harnessing the capabilities of Power BI and Excel, you can transform raw data into meaningful visualizations and reports, empowering your organization to make informed decisions based on real-time analytics.

 

Explore how Power BI and Excel can work together to unlock the full potential of your data, streamline your reporting processes, and enhance your business strategies. Let’s embark on this journey to data-driven success! We will go over the fundamentals of Microsoft’s flagship BI app, Power BI, in this article, like what it can do, what it costs, and what changes it can provide to your company.

Characteristics of Power BI Desktop

– Can link to several different data sources. With the Auto-Refresh option, you can keep this data up to date.

– It aids in the rapid modelling of data.

– Using the drag and drop map, it is possible to generate interactive reports.

Characteristics of Power BI Service

– It is a web portal that allows users to monitor and view reports generated with Power BI Desktop.

– Reduce the amount of time spent moving and sharing information.

– Data can be imported from a variety of on-premise sources (Excel, DB, CSV, etc.) or directly documented from a variety of cloud web services, including Azure, MailChimp, Zendesk, and Salesforce.

Why should you Choose Power BI over Excel?

Power BI has many benefits to offer compared to Excel. Listed below are some of the benefits.

- Convenience and Data Size

Power BI can handle massive amounts of raw data as well as several data tables. The analytical tool is capable of loading and processing large amounts of data into a single PBIX file. Multiple tables can be configured and, if necessary, combined based on common fields. In terms of user interface and ease of use, the Power Query Editor and Data Modeling parts are easier to use.

- Data Connectivity and Auto Refresh

One of the key reasons to use Power BI is that it can link to a broad range of data sources, including databases, online sites like Facebook, and Salesforce reports, among others. When compared to the previous data, the data is automatically inserted into the Power BI Workbook. Excel’s ODBC Driver takes up a lot of time.

 

Power BI has a great choice for keeping data in alignment with the source called Auto Refresh. To have all the reports updated, Power BI Desktop has a Refresh option, and Power BI Service has a Refresh Now, as well as a Scheduled Refresh option. When you choose Refresh, the data in the file’s model is replaced with the most recent information from the original data source. This form of a refresh, which takes place entirely inside the Power BI Desktop program, varies from Power BI’s Refresh Now and Scheduled Refresh solutions.

 

Power BI uses the information in the database to link to the data sources identified for it, search for updated data, and then upload the updated data into the dataset when you refresh data in a dataset, whether using Refresh Now or setting up a refresh schedule. In Power BI, unlike Excel, the dashboard can be refreshed.

- Reporting and Cross-Filtering

Power BI reporting is much more advanced and engaging than Excel reports, and a single graph can provide numerous perspectives. In Excel, cross-filtering is not possible, but it is possible in Power BI. This has an impact on how users want the filtering for data with table relationships to move.

- Alerts and Emails

To submit a mail and a reminder in Excel, a user has to use the VBA Editor to generate a macro. In Power BI, creating a warning and sending an email when a condition (such as a threshold value) is met has never been easier. This will keep users updated when on the move, and they will be able to view the report at any time and from any place.

 

Some other features include:

 

  • Natural Language Query (NLQ): By asking a common person question in Power BI Service, everyone can get a fast response from the current insights. It’s helpful when someone isn’t familiar with the data model but needs fast answers to questions about the insights. Furthermore, this saves a lot of time.
  • Deeper Insights: The backend program, which is driven by intelligence and algorithms, can generate interactive insights at the touch of a button. It will help you save time and interpret data more quickly.
  • Dashboards and Customized Reports: The reports produced can be modified to achieve the desired outcomes. On the dashboard, the report tiles can be rearranged and relocated as desired.

  • Sharing Reports and Access: The reports and dashboards may be shared with the public or only a small group of associates.
  • Downloading and Exporting Dashboards: The Power BI Service lets you download and transfer dashboards in various formats. The dashboards can be submitted as a .PBIX file or exported as a PowerPoint presentation, PDF, or event print.

In Conclusion

In today’s data-driven environment, a fast and efficient data analytics tool is needed. Power BI makes use of business intelligence to ensure that all reports are produced efficiently and provide a wealth of information. Changes in time and technology necessitate the use of a versatile tool like Power BI, which makes work easier and saves time while delivering the best performance. Get a suitable power bi training for your needs or for more information, contact us today!

Register Now and Get 25% Off on Power BI Training.

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BI Dashboard
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Everything You Need to Know About BI Dashboard

BI Dashboard

Business leaders know that having a few clearly identified, measurable objectives and constantly monitoring success against those objectives allows a company to remain on track to meet its primary objectives. Business Intelligence is a system of processes, infrastructure, and technologies that transform raw data into actionable information. It’s a collection of tools and services for turning data into useful information and knowledge. Likewise, over the last few years, business intelligence (BI) dashboards have become very common as a way of communicating key organizational goals and monitoring success against them.

 

BI dashboard display data in a vivid visual format that can be easily grasped by almost everyone in the company. BI dashboards are an important way for strategically based companies to communicate results against key performance indicators (KPIs) and keep everybody on the same page. Dashboards, in particular, offer a highly efficient way for leaders to interact with non-financial audiences.

What does a BI Dashboard?

Tracking sales revenue and pipeline prospects against the forecast is one of the most popular use cases for BI dashboards. This is often shown alongside other important customer metrics, including returns, on-time delivery, and so on. It’s an explanation that almost anyone in the company can understand, and it’s especially important to C-suite executives and those in every company.

 

That being said, for finance and accounting practitioners, some use cases for making people aware of other key financial indicators across the entire enterprise are important to consider. For non-technical users, dashboard visualization can be highly effective.

 

Working capital is one of the most important determinants of business performance. Organizations that successfully control working capital significantly outperformed those that do not. Internalizing main working capital metrics by the rest of the company, on the other hand, can be difficult. High-level indicators of how well the company is doing include the “cash conversion cycle” (CCC) and “days working capital” (DWC).

 

Not everyone is equipped to understand the numeric data. This is where BI dashboard can be extremely useful. Business leaders can achieve higher performance by clearly defining the most important numbers, communicating them within the company, and publishing performance metrics in a way that everyone can understand regularly.

BI Dashboard is the Future

As software technology has advanced, BI dashboard have become more common as tools for outlining and presenting business data have become faster and more efficient. A comprehensive toolset is needed to work with massive data sets, work more effectively, and produce dashboards efficiently and precisely. Some of the features of using BI dashboards are:

Data Visualization

Dashboards that are well-designed present data in a way that is useful to the target audience. They give just the effective data, not too much or too little. Furthermore, good dashboards are adaptable to each user’s specific requirements.

Real-Time Alerts

An effective BI dashboard can alert users to circumstances that need urgent attention, similar to warning lights on a car dashboard. A successful dashboard will help business leaders solve issues as soon as they arise by monitoring data in real-time and alerting them to exceptions.

Collaboration

The first step is to get the correct information from people in the company. With easily accessible, sharable content, collaboration features allow discussion and task management. Relevant discussions will send constructive alerts to the appropriate people in the organization, making it easier to collaborate effectively.

Future Predictions about BI dashboard

While the word “dashboard” suggests an emphasis on the past and present, the most powerful dashboard solutions often include rolling forecasts and predictive analytics, allowing for a clearer view of the path ahead.

 

Global Data 365 includes dashboards and communication tools, as well as effective business intelligence tools. With integration from over 140 different ERP systems and other enterprise software, we allow quicker, simpler, and more affordable business insights. You can request a free demo today to learn more about how your company will profit from the power of BI dashboards.

Talk to Our BI Experts and Set Your Strategy NOW!

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Automate Reporting from Dynamics GP
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How To Automate Reporting From Dynamics GP?

Automate Reporting from Dynamics GP

If you do not fully understand the complex underlying data structure of over 1300+ tables and 22500+ fields, then  automate reporting from Dynamics GP can prove to be a problem. Recently, Microsoft Dynamics ERP software has evolved to Dynamics 365 Business Central cloud, and it brings versatility and easy access for small businesses throughout the world. Reporting challenges are bound to arise due to the complex nature of the data structure field. All ERP solutions are made of back-ends that are hard to operate for anyone who is not a specialized expert or administrator.

ERP solutions, like Dynamics GP, are designed to optimize business processes and data storage. Its main focus is on storing data, not extracting it. Microsoft Dynamics GP has advanced and evolved in the ways users receive their reports. Management Reporter has advanced to the new setting providing an Excel-integrated tool known as Jet Basics; Smart List has for a long time provided the export-to-spreadsheet option, and Power BI is coming out as a great tool for data visualization. Similar to other Microsoft Dynamics solutions, Dynamics GP is evolving when it comes to providing built-in and extra tools for users to get data visualization.

According to the feedback received from thousands of users from across the globe, users complain about the reporting and analytics in Dynamics GP, as it fails to meet functional reporting requirements outside of financial reporting. The reason behind this could be the complex GP data structure or the unavailability of specialized experts. In any way, depending on these tools is costing users their time and money. Companies are forced to recruit Dynamics GP experts because of the lack of access to one organized, instant visualization of the data.

If you face limitations in your financial systems while regularly using Dynamics GP to optimize processes, then the main challenges that you may be facing in operational reporting are:

Challenges in reporting from Dynamics GP

The four main challenges faced by businesses in reporting from Dynamics GP are:

– SSRS Programming:
Programming in SSRS is costly and slow due to a large amount of data, intricate linking tools, and the programming skill needed to form a report.

– Managing Unorganized Data in Excel:
In a company, every person has their own spreadsheets, which can result in unreliable data and security risks. As every department has different approach in completing its operations.

– Power BI Views:
Power BI can be difficult to navigate for someone who is not a technical expert due to the compilation of data that results in a single view and the rewriting needed to change the views.

– Constructing OLAP Data Cubes:
Constructing OLAP data cubes can be hard and time-consuming as it requires a specialized expert who is familiar with both SSAS data cubes and Dynamics GP.

Keeping these challenges in mind, Global Data 365 has a solution to overcome your Dynamics GP users’ time, money, and effort, all the while creating better reports. It begins with Jet Analytics, the fundamental Dynamics GP data solution.

How Global Data 365 helps with Reporting in Dynamics GP?

Global Data 365 provides better services and implementation to address the obstacles using dynamics that lead your business to success. Without the need for developers and costly experts, Jet Analytics is a complete business intelligence solution designed to obtain quick, customizable reports and dashboards in Excel. And it is possible to do it yourself. Jet Analytics puts all the Dynamics GP data into one and organized it in one location using a pre-built data warehouse, OLAP data cubes, and dashboards to automate reporting in Dynamics GP.

If it is paired with a user-based front-end reporting tool, it makes it possible for users to view, assemble, and prepare the data, so you can benefit from the robust data visualization tools of Power BI and be more effective with operational reporting and analysis. The Jet Data Manager is used as a back-end tool by Jet Analytics to configure turnkey data warehouses and OLAP cubes to assist you monitor and organize your Dynamics GP data.

 

Jet Analytics provides users to use Excel for all your reporting requirements with one operating location for your reporting, but it offers one source and data management system to handle the delivery, security, business measures, calculations, and run-time of such reports. So, do not let your existing obstacles in operational reporting keep you from receiving immediate insight into your data. Companies can now improve the visibility of real-time data to help automate reporting from Dynamics GP users turn efficient and enjoy Jet Analytics full capabilities.

 

We, at Global Data 365, offers free one month license of Jet Analytics for you to test it with your Dynamics GP database and see the value it brings into your reporting process. Contact Us to order your trial license now.

Get 30 days free upgrade to Jet Reports.

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Business Intelligence with Power BI

Business Intelligence is a crucial aspect for companies to make informed decisions and stay ahead of the competition. Business Intelligence with Power BI offers a simple and fast solution for efficient data visualization, real-time reporting, and predictive analytics, Power BI can turn data into actionable insights.  

 

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Maximize the potential of your data and gain valuable business insights with Power BI services. As a powerful data visualization and reporting tool, Power BI can help you turn raw data into actionable insights, empowering you to make data-driven decisions with confidence. With its interactive dashboards and insightful reports, you can uncover patterns, trends, and opportunities in your data, and transform your business for growth.  

Business Intelligence with Power BI: Key Advantages

There are many options available for organizations for business intelligence then Why Power BI? Power BI have edge over other tools when it comes to effective business intelligence. Microsoft Power BI takes lead over other tools because advantages of Power BI are immense that it offers to organizations. Below are the five advantages of Power BI that results in effective business intelligence which will ultimately bring effective results.

- Data Integration with Power BI

Data integration in Power BI is more advanced compared to other tools due to its seamless integration with other Microsoft products and its ability to handle large amounts of data. Power BI allows for easy import of data from various sources such as Excel, SQL Server, and cloud-based platforms.  

 

Additionally, Power BI’s Direct Query technology allows for real-time data analysis and visualization, providing users with up-to-date insights. Power BI’s powerful data integration capabilities make it an ideal choice for organizations looking to centralize and make sense of their data. 

- Drag and Drop Interface

The drag and drop interface of Power BI allows users to effortlessly manipulate data to create customized visualizations and reports. Unlike other BI tools that require coding or complex data structures, Power BI’s intuitive interface makes it easy for users of all skill levels to explore and analyze data.  

 

The ability to drag and drop data sources and instantly see visual representations differentiates Power BI from other BI tools, enabling users to quickly gain insights and make data-driven decisions without having to rely on IT support. 

- Power BI Data Modeling

Data Modeling in Power BI allows users to create relationships between different data sets and create a unified view of the data. This helps in easy data analysis and decision making. So, the next time you consider adding a new facility, Power BI will assist you in analyzing the impact it will have on its suppliers. It allows a person to observe the current world while still planning for the future. 

 

It also integrates with other Microsoft tools, making it a part of a larger data ecosystem, which can be useful for organizations that use multiple Microsoft products. Additionally, Power BI provides a wide range of data visualization options and interactive dashboards, which can help make data insights more accessible to stakeholders. 

- Ease of Use

Power BI is known for its ease of use, as it offers a simple, intuitive interface for data visualization and business intelligence. This makes it accessible to users with a variety of technical backgrounds, allowing them to easily create and share interactive dashboards and reports. 

- Real-Time Collaboration

Power BI offers real-time collaboration features that allow teams to work together and make data-driven decisions in real-time. With Power BI, users can access and share real-time data dashboards, reports, and visualizations from anywhere, on any device. Power BI also provides robust collaboration tools, including comments, annotations, and co-authoring, which enable teams to discuss and make decisions based on the latest data insights.  

 

Additionally, Power BI’s cloud-based architecture ensures that all team members have access to the most up-to-date data and insights. With its real-time collaboration capabilities, Power BI empowers organizations to make data-driven decisions faster and more effectively. 

- Data Visualization with Power BI

Data Visualization with Power BI allows businesses to turn data into interactive and shareable insights. Power BI stands out from other tools by offering a comprehensive suite of data visualization, reporting, and business intelligence capabilities in one package. With Power BI, users can easily connect to a variety of data sources, perform data transformations, and create interactive dashboards and reports with a simple drag and drop interface. 

 

The tool also provides collaboration features such as shared dashboards and data stories, enabling teams to work together and make data-driven decisions. Power BI’s advanced data visualization options, such as its 3D map and custom visualizations, set it apart from other data visualization tools, providing a more immersive and engaging way to explore data. 

Learn how to leverage Business Intelligence with Power BI

Global Data 365 is a leading provider of Power BI services for effective business intelligence in the Middle East and Africa. Our team of experts help organizations streamline their data management, gain valuable insights and drive better business decisions. With a focus on delivering customized solutions or required trainings, our services are designed to meet the unique needs of each client and maximize the impact of Power BI on their overall success. 

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We are the authorized distributor of insightsoftware in Middle East. We have worked with 100+ companies in solving their reporting pain points and are committed to providing companies with fast and convenient data access methods from Microsoft Dynamics ERPs using insightsoftware's products and Microsoft Power BI.

Solutions

D356 Business Central
D356 Finance & Operations
D356 CRM
Jet Reports
Jet Analytics
Power BI
Power Apps
Power Automate

Resources

Blogs
Latest News
Help Center
Become a Partner

Training

Jet Training
Power BI Training

Contact Us

Office M04-25, M Floor Emirates Professional Business Center Al Qusais 2, Dubai, United Arab Emirates

+971 52 843 3085

sales@globaldata365.com

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