Harnessing the Powers of Power BI: Planning & Forecasting

Crown Castle25 Jun, 2021Business

Planning, budgeting, and forecasting are an essential part of every business. As discussed in our last post (link), since COVID 19, predictive planning and forecasting have become much more critical than ever before. Many organizations still rely on old tested tools like Excel and other planning tools such as Hyperion, SAP BPC, Workday Adaptive, etc., that have been around for decades.But in recent times, Microsoft Power BI and its extensive ecosystem of add-ons have become a popular alternative for planning and forecasting. If you are thinking of buying Power BI or have already purchased Power BI, you would want to extract the most out of your investment. Businesses often make the mistake of assuming that Power BI is useful for specific use cases and business units or that it?s just a reporting tool. Indeed, Power BI is a fantastic data visualization tool, but it can also be utilized for creating, managing, and collaborating on your planning, budgeting, and foreca