As competition in the banking sector has become stiffer than ever, especially with the digitalization of the financial industry, banks have been looking how to improve their efficiency. A right BI solution for a bank can be the difference between growth and decline.
Power ON’s new write-back enabled visual helps users to easily create financial and planning reports.
When it comes to the integration of BI, SMEs are less prepared to embrace the technological changes than larger companies. One of the main reasons for this is the lack of financial resources.
This article explores how Power BI, combined with writeback solutions like Power ON and deFacto Global, can streamline budgeting processes. By automating tasks, integrating real-time data, and enabling continuous planning, finance teams can focus on strategic decision-making. Real-world examples, such as KPN’s use of Power BI and writeback, demonstrate the impact of these tools.
When a global strategic procurement company needed help with improving its management reporting process in the controlling department, Centida came in with a successful long-term solution using Power BI.
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In this video, we’ll continue to learn about time-intelligence functions in DAX and look at the Running Total calculation.
BI uses descriptive analytics to provide a better understanding of a business’ current operations. Meanwhile, BA usually looks forward and tries to inform future decisions.
In this video we’ll learn how to calculate the difference between this year and last year sales.