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Home / Articles / Want to be a Data-Driven CFO? See how Microsoft Power BI can help

Want to be a Data-Driven CFO? See how Microsoft Power BI can help

June 8, 2021

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There has never been a better time for insightful data analytics, especially for CFOs tasked with making strategic decisions that deliver results. Your team depends on you to guide cost savings and profitability while enabling business growth – and accurate, reliable and real-time data is critical to your success as CFO.

Limited resources, data spread across disparate systems, and inefficient reporting structures can put you in the undesirable position of trying to make important decisions based on incomplete or unreliable data. Fortunately, there is a low-cost way to remove these barriers.

Microsoft Power BI is a leading business analytics tools that gives you a 360-degree view of your most important data on one automated platform. It’s flexible, easily accessible, and most importantly, costs a fraction of what other business intelligence solutions cost. Here are six key benefits of using Power BI:

Six Key Benefits of Power BI:

  1. Seamless integration. Power BI integrates easily with your existing business environment, allowing you to quickly adopt analytics and reporting capabilities.
  2. Personalized dashboards. One of the best features of Power BI is the robust dashboards customized to your exact needs. You can easily embed your dashboards and reports in other applications to provide a seamless user experience.
  3. Secure reports. With Power BI, you can automatically implement data-refresh capabilities. This makes it easy to publish reports leveraging the latest information.
  4. No memory and speed constraints. Power BI is cloud-based. This eliminates memory and speed constraints, ensuring data is quickly retrieved and analyzed.
  5. No specialized support required. Power BI provides agile inquiry and analysis without the need for specialized technical support.
  6. Rapid business intelligence. Power BI allows you to quickly transform raw data into rich visuals that enhance decision making.

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All content provided in this article is for informational purposes only. Matters discussed in this article are subject to change. For up-to-date information on this subject please contact a Clark Schaefer Hackett professional. Clark Schaefer Hackett will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within these pages or any information accessed through this site.

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