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Our partner responsible for business development and IT infrastructure:
Create a data-driven organization with business analytics
Provide employees with the ability to discover detailed information hidden in data with our accounting data analytics service, Microsoft Power BI.
Today, it is impossible to build an efficient organization that is effective and competitive without considering business analytics. While you can benefit greatly from the expertise of experts, they also make the most accurate decisions based on solid data.
Turn your data into a competitive advantage
Use our data analytics service to bridge the gap between data and decision-making. We offer a range of services to help you build a more effective and efficient finance department. We can provide accounting services backed by reporting and data analysis to support this effort in your business.
A deeper and more beneficial look at your data
The analysis of financial and accounting data, its proper control and management, and the implementation of new solutions are all becoming the cornerstones of any business these days. We offer many years of experience, a team of qualified experts and the latest technological solutions in the outsourcing of financial services. With us you can make business decisions based on real-time information.
Data is one of the main factors driving business development. The future of companies increasingly depends on collecting, analyzing and using data knowledge. Proper financial analysis and controlling are the main tools to assess the financial and market situation of a company.
With the ever-increasing amount of data, it is important to use the latest tools to manage it quickly and efficiently. With us, your individual reporting needs related to financial analysis and controlling will be fully satisfied. We rely on professionals who combine experience in financial analysis, accounting and reporting with industry knowledge and analytical skills. Transparent finances mean a better future for your company.
Reporting in real time
In our outsourcing services of financial data analysis and enterprise controlling we use business intelligence reports system Power BI. With this tool we can prepare for you effective online reports available in real time directly on the client's extranet.
Standard Power BI reports include:
- accounts receivable analysis;
- analysis of project budgets;
- analysis of financial statements;
- HR analysis;
- sales analysis.
Using Power BI software, we generate ready-made reports for you. In addition, we also prepare custom reports from data supplied by you or contained in our accounting system.
Power BI system improves data analysis by:
- comparing data from different sources - including ERP systems, financial and accounting systems, Excel sheets, e-mail marketing systems, streaming data, cloud services;
- single panel compilation - guarantees constant access to data from the level of one desktop in versions for computers and mobile devices;
- preparation of interactive reports available immediately for all authorized persons;
- ensuring consistent data visualization - clear data visualization facilitates data analysis
- reports can be delivered via email to selected users of our extranet
Our IT Solutions Expert
Sebastian Możejko
Head of IT Department / Senior IT Manager
IT Solutions Department
Our completed Power BI projects
Back-office client: Since 2015, we have been providing accounting services in Poland for a company engaged in cultivation and sales related to forestry. From the very beginning of the cooperation, the management placed great emphasis on a reporting system for their management control of the company and to compare the performance of companies from different countries within Europe.
Sector: Forestry
Competences used in the project: Power BI, Dynamics NAV, getsix® Customer Extranet
Business need: Management accounting to control and compare the performance of a Polish company with other companies in the group.
Solutions developed: As part of the project, we implemented an online reporting system that takes current data from the accounting system and, using the Power BI service, generates reports according to guidelines and in a format convenient for the client. The new reporting system replaced an old spreadsheet, which was sent out once a month and required additional steps for a complete analysis of costs, revenues, assets and liabilities.
The Power BI service features allow:
- Choice of reporting language German, English or Polish also translating the names of accounting accounts;
- Clear information on the date of the last modification of accounting data and the date of data update;
- Data export according to criteria selected by the counterparty, such as account category, type of general ledger account, and to view detailed entries on a given account, including seeing the counterparty generating costs or revenues on a given accounting account
- A visual representation of the amount of income or loss in each account;
- Easy export to a format of your choice for further transmission to other company units of the company.
Customer benefits:
The automation of online reporting significantly increased reporting efficiency, eliminating the need for manual tasks. With Power BI, it is possible to obtain quick access to up-to-date data, thereby enabling real-time monitoring of financial results. Detailed reports support the analysis of costs, revenues, assets, and liabilities, which greatly improves management control. The new system also allows for the comparison of the Polish company's results with other companies in Europe, which is crucial for the firm's strategy. Reports can be generated in German, English, or Polish, enhancing their accessibility and usability. A feature that includes the dates of modifications and updates to accounting data was also introduced, to ensure transparency of information. In addition, there is the capability for detailed analysis and export of data according to selected criteria, and the reports visually present the revenues and losses on individual accounts, which makes interpretation easier.
Business Intelligence reports versus spreadsheets - benefits of use
Business Intelligence (BI) reports have many advantages over traditional spreadsheets such as Excel. Here are some key reasons why BI reports are superior:
- Automation and real-time updates: BI tools can be integrated with various data sources, to automatically retrieve and update data in real time. In Excel, data often has to be manually updated, which is time-consuming and error-prone.
- Interactive visualizations: BI allows the creation of interactive and dynamic visualizations that are more engaging and intuitive. Excel only offers static charts, which are less flexible.
- Merging data from different sources: BI tools can integrate data from different systems and sources (e.g. databases, CRM systems, ERP), allowing for comprehensive analysis. In Excel, advanced functions or macros have to be used to achieve a similar effect.
- Scalability: BI tools are more scalable and better able to handle large data sets. Excel has limitations on the number of rows and columns and can be slow when working with large files.
- Security and access control: BI tools offer advanced security and access control options to manage user permissions and protect sensitive data. In Excel, data protection is more limited.
- Collaboration:BI platforms allow multiple users to collaborate in real time, which is more difficult to achieve in Excel, where collaboration often requires file transfers and can lead to version conflicts.
Analysis of the company's reporting needs
Among our services, we also offer preparation of analysis of our Clients' reporting needs. This will allow you to estimate what information and services your company needs to comply with changing financial requirements.
Robust financial data analysis tools and innovative technical solutions will enable your company to achieve effective controlling, business development and implementation of appropriate practices. It will also allow for greater transparency and confidence in your reports and statements, resulting in the right business decisions.
We offer professional services in accounting, controlling, data analysis and reporting. Feel free to contact our experts!
