While Power BI excels in data visualization, financial reporting and planning can be challenging. Explore how deFacto Power Planning enhances Power BI’s capabilities, turning it into a comprehensive financial solution with Centida’s expertise.
Centida’s blog
Business Intelligence for Financial Management applications
Using Power BI and Writeback for Advanced Planning and Forecasting
Explore why Power BI, enhanced with writeback capabilities, is a perfect choice for complex financial planning and analysis (FP&A). Understand the strengths of Power BI, the benefits of integrating writeback, and how Aimplan’s seamless integration can elevate your FP&A processes. For companies seeking greater efficiency and accuracy in their financial operations, this combination offers a strategic advantage.
Path to Sustainability: Start Your ESG Reporting Journey Now
As European regulations tighten, ESG reporting is becoming essential for businesses to stay compliant and competitive. This article explores the importance of ESG reporting, key regulations such as the CSRD and SFDR, and how Centida can support your company’s sustainability efforts. Start your ESG reporting journey now to enhance your corporate reputation and secure a sustainable future.
Elevating FP&A: Moving Beyond Excel with Power BI and Aimplan
Excel has long been a staple in the finance industry, but it falls short for complex FP&A processes. Discover why Power BI, especially when integrated with Aimplan’s writeback capabilities, is a superior choice for financial planning and analysis. Learn about the strengths and limitations of Excel and how Power BI addresses these challenges, offering scalability, real-time data, collaborative analytics, and rich visualizations.
Data Analytics is Shaping Gartner Top Technology Trends
Gartner’s top technology trends for 2024 emphasize the critical role of data analytics and data engineering in driving innovation. This article explores these trends, highlighting their impact on various industries and how Centida’s comprehensive data services align with these emerging technologies to enhance decision-making and sustainable success.
Microsoft Fabric: Embrace Innovations While Treading Carefully
In the next few articles, we will discuss possible implications, provide a critical overview, and talk about how Fabric could potentially change the landscape of Power BI and roles in the analytics industry.
Riding the Data Wave: Use Cases and Potential of Data Lake
In this article, we discuss the benefits of a data lake over a traditional warehouse. See how data lakes can make life easier during company mergers and acquisitions, help reduce storage costs, and get your business ready for the boom in AI applications that’s just around the corner.
Data warehouse vs data lake: choosing the right data storage
With the fast development of modern data storage solutions, two popular options have emerged: data warehouses and data lakes. While both store and manage large volumes of data, they differ in terms of structure, design, and use cases. In this article, we will explore the differences between the two storage solutions, as well as the scenarios in which one may be better than the other.
Maximizing profits in grocery retail with advanced analytics and organizational maturity
The grocery retail industry has come a long way in adopting advanced analytics to improve business performance and customer experience. However, there is still untapped potential in this field, especially for companies with high levels of organizational maturity.
BI trends in 2023
In this article, we look at the top 5 trends that experts forecast in the business intelligence (BI) field in 2023.
Where to store data: difference between database and data warehouse
Structured data is typically stored in databases and data warehouses. In this article, we discuss databases and data warehouses, and when you should use what.
ETL vs ELT: is market shifting toward ELT?
With the development of data lakes and ELT, some analysts began predicting the market’s shift from ETL toward ELT. In this article, we look at two data integration methods and discuss whether ELT will replace ETL.
Mercedes Deploys New Microsoft Data Platform to Improve Production
The German vehicle manufacturer will create MO360 Data Platform, a unified data platform on Microsoft Azure. The new platform will provide the ability to run artificial intelligence (AI) and perform advanced analytics.
Why migrate from on-premises environment to cloud
Although most companies keep their data in traditional on-premises environment, the cloud deployment rates are steadily rising. This has been especially true since the COVID-19 pandemic when more companies had begun to embrace the cloud.
Why Companies Still Choose Analysis Services Over Power BI Premium
This article explores why companies might still prefer Azure Analysis Services (AAS) over Power BI Premium despite the latter’s growing features. It examines key factors such as security management, role division, development environments, and reporting flexibility, highlighting the specific advantages each platform offers based on organizational needs.
Using Unstructured Data for Advanced FP&A
For FP&A professionals, unstructured data – like social media posts, customer reviews, and sensor readings – offers exciting possibilities. This article critically examines whether FP&A teams should rely on unstructured data for strategic decisions, exploring both the potential benefits and the challenges of incorporating it into their work.
Do You Qualify for Mandatory ESG Reporting in 2025?
Not sure if your company needs to start ESG reporting in 2025? This article breaks down the criteria, including company size, industry, and regional requirements, to help you determine if mandatory ESG reporting applies to your business. Learn how to get prepared and stay compliant with the latest regulations.
XBRL and ESG Reporting: Key to Compliance and Transparency
XBRL is transforming ESG reporting by providing a structured, machine-readable format for disclosures. This article explores the importance of XBRL for organizations, its role in ensuring accurate sustainability reporting, and how companies can benefit from adopting it in their ESG processes.