Cashflow Forecasting Power BI
In any organization, managing the cash flow effectively is vital for the finance division to run smoothly. Cash Flow Forecasting Power BI helps you understand the cashflow that is coming up and know the currency required. This in turn gives you an estimated value of cash the company will need. To forecast the cash flow, you need to first identify the liquid funds of your company. Next, you need to list out the transactions that affect these liquid funds and accordingly set the behavior required for forecasting. Based on your settings, the inputs from various units will be taken to calculate the forecasts.
“There isn’t a single industry that isn’t being transformed,” Microsoft CEO Satya Nadella told those gathered at Microsoft Ignite, an annual gathering of Microsoft customers, partners, and technology industry professionals. “We collectively have the opportunity to lead in this transformation.” This was the central message from Satya Nadella at Ignite, and it’s difficult to disagree with him.
Microsoft’s July 2017 service update brings the arrival of Dynamics 365 on-premises, which offers new capabilities and licensing options for customers. The Dynamics 365 on-premise solution provide purpose-built applications for managing specific business functions, which include Dynamics 365 for Sales (On-Premises), Dynamics 365 for Customer Service (On-Premises), Dynamics 365 for Field Service (On-premises) and Dynamics 365 for Finance and Operations (On-premises).
In this blog, we will look into actual Microsoft Power BI v/s budgeted Power BI content pack. You will be introduced to Power BI reports along with data models and data entities that make up the content.
New to the July 2017 Dynamics 365 is the ability for a CFO or accounting manager full visibility of their business within the CFO Overview workspace. This is one of the richest workspaces including common KPI’s and embedded analytics showcasing financials, purchasing, sales and cash flow data. This new feature allows a CFO the ability to look-up any needed KPI’s, down to the lowest level of detail.