ARTICLES: Our Research & Articles related to Financial Management, Management Reporting, Financial Planning & Analytics, System Intergration, Data Engineering and many other topics
According to a survey provided by the BI Survey website, the top 5 most serious problems that consultants come across are poor data quality (32 percent), company politics (26 percent), lack of interest from business users and poor data governance (21 percent), and administrative problems (19 percent).
The right BI tool can be the backbone of the finance department. Using modern BI tools, finance managers can move beyond simply keeping numbers organized and take a more proactive and intelligent approach, becoming a company’s key decision-makers.
With a BI software onboard, HR managers can not only use its data analytical capabilities to enhance recruitment and assess employee performance, but also encourage better communication and collaboration within a company.
“Precision beats power and timing beats speed” – Conor McGregor.
The article looks into how marketing departments can boost their productivity and generate better leads using BI tools.
Although a BI solution by itself isn’t going to make a sale, it can act as a valuable support system and provide salesmen with insights and analytics that would give them an edge over competitors.
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Howard Dresner, founder of Dresner Advisory Services, said now is the time “to double down on data,” and pointed out two major trends of 2020 – cloud migration services and AI features, like natural language processing (NLP).
Using Dataflow one can create ETL processes in a cloud and other users can see them right away. This immediately solves the problem of having multiple versions of same tables and datasets in different PBIX files.
Microsoft introduced paginated reports in Power BI to help users share information in real-time and in a clear way. The article looks at what they are and how we can benefit from using paginated reports together with Power BI.