Superior business reporting is now available within Microsoft Dynamics GP thanks to the seamless integration to Microsoft Power BI in its new 2016 release.
If your organization already uses Excel to analyze data, as many companies do, you are probably familiar with tools such as Power Pivot, Power Query, Power Map and Power View. These add-ins provide functionalities such as data modelling, KPI building or interactive visualization using data exported into Excel. Power BI brings your analysis to the next level by essentially combining the capabilities that previously only existed in the Power tools into one single cloud application, and adding even more powerful features that are continuously being updated. With an attractive and detailed dashboard interface, Power BI is a complete data analysis tool that is intuitive and easy to use, and it allows you to create reports, graphs and charts that will make sense of your information and give you greater insights into your business.
Thanks to the integration to Dynamics GP, the Power BI connector allows you to pull live data from your GP database rather than having to export your information into Excel spreadsheets. You may access reports and KPIs that are more precise and available when you need them. These can then be displayed directly in your GP home page so that you remain up to date at all times on what’s going on across your organization, without leaving your financial application.
Empower your staff members with the information they need
One of the greatest benefits of using an application like Power BI is the ability to generate reports from GP data and share them with resources who may not necessarily have access to the financial system. This takes the burden of extracting the information so that others can analyze it off your financial and administrative teams. Instead, as long as staff members are given the rights and permissions to view a report, they too can review the company’s activities and react quickly and accordingly to any critical issues that may affect them and their department.
Analyze more than just your financial data
Power BI further increases the value of Dynamics GP with its ability to load multiple data sources, which allows you to cross your GP information with any other type that is stored in a SQL database. You could, for example, analyze sales data from your CRM against your financial data to have a better idea of how your ongoing sales transactions will affect your revenue, or see which one of your products or services is bringing in the most profit. In turn, this allows you to learn more about your customers and accounts, and see which next steps you should take with them. Similarly, you can mix operational and financial data to obtain details about your backlog or current orders.
Microsoft Power BI is a true complement to your ERP system and provides you with an accurate snapshot of your important metrics at all times. By being able to see what’s going on at all times in your organization and spot any critical changes, you are able to react quickly as well as make informed decisions.
Reports created in Power BI can be based on out-of-the-box templates or fully personalized to your needs. Since it is cloud-based, you can also access your reports on multiple devices, including mobile phones and computer tablets. Visit Microsoft’s website to see
By JOVACO Solutions,