all articles
EN NL

The smart way forward with business intelligence

The data fairy tale

Once upon a time, you heard about the incredible riches hidden in your data. Vital insights into your organisation. And your financial figures. As well as your clients, products, potential risks and of course, the opportunities you have before you. The promise of untold benefits led you to collect data. Lots of data. But what comes next?

Analyse, combine, understand and decide

When it’s time to analyse your data, you’ll find it spread across different sources. A database in the cloud, Excel reports dating back years, and that customer data you need to store according to those super-sensitive privacy laws. Is all this data even relevant? It’s possible each source has something to say … But you need to extract this information. And combine it. Only then will you have the insight that gives you a clear picture of your situation and the best path forward.

The right tool for the job

The good news? There are tools that do this for you, quickly, cheaply and accurately. At the front of the pack is the Microsoft Power BI suite of tools. Power BI securely analyses data on any level, from the individual to the entire organisation, combining artificial intelligence, machine learning and natural language input abilities. Data preparation and discovery are easier than ever. And Power BI is not just for analysis; the visualisation capabilities make sure you see every little detail you need to see. You’ll never miss a thing!

No more writer’s block

Ever felt unsure about how to start a report? Google Data studio is designed to help you tell your story. It includes built-in sample reports to make it easier to put digital pen to paper. After finding, combining and analysing your data, it pours the important info into graphs or charts, geo maps or paginated data tables—whatever tells your story. The style options and different colour themes help you target the right audience.

User-friendly

Power BI and Data Studio also stand out for being wonderfully user-friendly. The reason we appreciate them at CFOrent? They don’t just make it easy for you to see the best course of action. They make it easy to show it to everyone else. And that’s a vital step whether you want to maximise your growth or minimise your risk.

Happily ever after

Do you still have doubts or questions? Maybe you’re not quite sure you’re on the right path. Perhaps you would like to have an experienced expert by your side. CFOrent is always at your service. As well as specialising in innovative business intelligence technologies, we have years of extensive hands-on experience in entrepreneurial finance. Get in touch. Let’s make your data fairy tale come true today.

Related articles
Tax
October 4th 2021
Read more
FP&A
October 28th 2021
Management Reporting: Make smarter decisions about your company
Companies rely increasingly on management reporting to improve their business operations and to stay one step ahead of their competitors. What is management reporting? And…
Read more
Business Processes
October 16th 2021
What does a good credit policy look like?
A good credit policy ensures your products or services are more appealing to potential customers. However, granting credit always implies risks. How do you develop…
Read more
Fundraising
December 17th 2020
What you need to know about the corona loan from PMV: Part II
How do you prepare a case to maximise your chances of success? In recent months, CFOrent has helped various start-ups and scale-ups request corona loans…
Read more