Having insight into and an overview of your business processes and activities is crucial for running a good business. Power BI is Microsoft’s Business Intelligence tool to analyze your business and visualize data. Of course, working with Power BI has several advantages. We are happy to explain it to you.
What is Power BI?
Power BI is Microsoft’s cloud-based program to help organizations collect data from various sources, manage and analyze it through an easy-to-use interface. Power BI works well with other Microsoft products, including the Dynamics 365 platform. Power BI collects data from the applications you have used and converts it into understandable, visually attractive, and easy to process graphs. You can compose yourself according to your wishes. The data can be used for various purposes and ensures that you have better insight into the organization. You also have the option to share these handy charts with other people or organizations.
The benefits of Power BI
1. Insight into business processes and functionalities
We have already mentioned the importance of insight into your organization. The Power BI application gives you a complete overview of your company. The data is also real-time so that you have the desired information at hand at any time. So you don’t have to wait until the end of the week or month to receive the most recent data. In addition, because you have the results of processes at hand at all times, you always have the opportunity to make well-informed decisions.
2. Beautiful visualizations and reports
You don’t have to be a data analyst to work with Power BI. The visualizations and reports look attractive and are easy to process due to the logical and clear overview. With the right combination of text and images, you can quickly conclude.
3. Ready-made templates for dashboards and reports
Power BI has several ready-made templates for the dashboard and reports for different applications so that you can immediately start analyzing data. You can then also adjust these dashboards to your wishes. The use of Power BI is, therefore, straightforward.
4. Easily share information
You can easily share the created dashboard or reports in Power BI with other people or organizations. With a few clicks on the button, you can prepare the information for those allowed to receive it. It is also possible to give the recipient certain rights so that you can determine per email whether they are allowed to edit or not. It also ensures that no one sees information that is not intended for them.
5. Full integration with other Microsoft products
As mentioned, Power BI has full integration with other Microsoft products. So, for example, if you use a Dynamics 365 application, Power BI converts data from this application directly into visual reports. You can also, for example, use Microsoft Flow to email alerts from Power BI if a particular KPI is above or below a specific value. And where you see ‘export to Excel’ in other software, you use ‘analyze in Excel’ within Power BI.
6. Available for different devices
Like you are used to Dynamics 365 products, you use Power BI on desktop, tablet, and smartphone. Dashboards are even adapted to look better on a tablet or smartphone. So you also have the opportunity to convert insights into action points while on the road.
7. Relevant data for everyone
One of the powerful aspects of Power BI is that different people in the Power Bi platform can analyze data using personalized dashboards with relevant data for each function. So you only work with data that is important to you.