Power BI is a relatively new but extremely powerful Business Intelligence (BI) tool developed by Microsoft which provides the ability to develop advanced reports and dashboards.
Data can be sourced from both Ostendo and a wide range of other data sources including other ERP software and accounting products.
Power BI reports and dashboards are accessible via the Power BI website, the Power BI desktop application as well as the Power BI Android and iPhone apps.
At MBS we have developed a wide range of custom Power BI dashboards consolidating data across Ostendo and other accounting systems.
A few examples of some Power BI dashboards we have developed for customers include:
- A cashflow forecasting dashboard taking data from both Ostendo and MYOB to develop a cashflow waterfall based on all expected cash in/outflows for a given date range.
- Advanced sales metrics including budget vs actual sales by salesperson by region, sales trends and multi-level drill downs on charts for a variety of sales related information.
- Purchasing and inventory metrics / history.
- Divisional KPI reporting.
Power BI is extremely competitively priced with the desktop version being completely free of charge and the cloud hosted version costing in the region of $13 AUD / month per user.