Being data-driven is crucial for CFOs and finance leaders to make informed decisions and optimize business performance. Data-driven finance leaders empower the entire organization with access to analysis and insights. According to a white paper, more than 50% of trends affecting CFOs are about data and reporting. CFOs face challenges such as economic uncertainty, cost management, and performance measurement, which can be improved with effective internal reporting. The BI triangle model breaks analytics scenarios down into tangible tasks and suggests appropriate tools. Microsoft Dynamics 365 Business Central offers a comprehensive set of analytics tools, including Power BI finance reports, financial reporting, ad-hoc data analysis, and Excel finance reports. Power BI reports provide a rich set of reports covering various aspects of the business, and metrics and Copilot in Power BI offer executive summaries and AI-driven insights.
Login now to access my digest by 365.Training