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Power BI: explained in 4 themes

Power BI is a comprehensive business intelligence tool. Although the possibilities are endless, AllyourBI.nl explains the four main themes, so that you get a clear picture of what the tool is and can do.

1. Truly self-service

Power BI is a self-service business intelligence tool. This means that every user can start using it immediately (and ultimately with the right training). This is because every financial is familiar with the familiar Microsoft environment and Excel functionalities. You also do not need an IT specialist or BI professional to implement this tool within the organization. You download Power BI and can get started right away. This makes Power BI an intuitive and user-friendly tool for both financials and management.

2. Automatically unlock all data

Never download all data from all your software packages again every month. With Power BI you automatically unlock both financial and operational data from all kinds of different sources. This can be local databases such as SQL databases, but also cloud (online service) systems such as Dynamics 365 or Salesforce. Power BI already links to hundreds of different data sources, and Microsoft is expanding this list every month. After the source data have been linked once, they refresh automatically, so you always look at the most recent data.

3. From raw data to powerful visual reports

Power BI processes raw data into logical and readable data. For example, you can add extra data with calculations, adjust your data yourself, make it readable and you can establish relationships between different data sources. Once your dataset is complete you build powerful visual dashboards and reports. You can immediately get started with available dashboards (solution templates) or you can create dashboards yourself with the extensive library of visuals to be used (graphs, tables, diagrams, meters, etc.). Present the data that is important to your organization and adjust it as desired. For example, view the turnover of different departments, the margin per product or the time registration of your staff at a glance.

4. Fully in control of the information flow: automatic sharing, management secured

In most organizations, control information is still shared by email, in Excel, Word, PowerPoint or PDF. In this way, there is actually no control over who gets to see which information. You share Power BI dashboards with people and groups within the organization. By cleverly organizing groups (in departments or teams, for example), and by linking a set of dashboards, the entire group always has the same (management) information. You can view those dashboards on any device: on desktop, smartphone or tablet. Everyone gets to see the information that is important to him or her. Do you still want to present on paper? No problem. With one push of a button you can export dashboards to beautiful Powerpoint presentations; click on one of the graphs in the PowerPoint and the correct dashboard will open automatically. You are and remain completely in control of the information flow.

Excel vs Power BI

Source: allyourBI.nl

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