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.
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.
After years of fiddling with various BI products (Proclarity, Performance Point Server anyone ?), Microsoft recently released the latest version of SQL Server 2012 Power View, which now finally brings an easy-to-use and highly integrated BI solution to Dynamics AX (From AX 2012 r2 onwards).
Over the years, ERP software systems has got a very good at collecting large volumes of information about your business. For professional services organizations, this includes capturing all sorts of details about your clients, your projects, your finances, and your resources. The challenge has always been for ERP systems to provide the ability for your users to access that data in a meaningful way that can help them make good business decisions.