Microsoft Dynamics 365 and Power BI are incredibly useful business tools, but did you know they’re even better combined? Here’s a rundown on both Dynamics 365 and Power BI: what they are, how they work, and how their use can benefit your business.
Microsoft Dynamics 365 is a line of enterprise resource planning (ERP) and customer relationship management (CRM) business applications. At its core, it provides you with all the tools with which to run your business better.
It’s the latest iteration in the Microsoft Dynamics suite of products and the most comprehensive. Announced by Microsoft in July 2016 and released on the 1st of November of the same year, it’s helped tens of thousands of businesses manage everything from financial records to document creation to customer engagement.
Power BI is a business intelligence and data visualisation tool by Microsoft. It’s designed to convert data from various data sources into analysis reports and interactive dashboards. Power BI is cloud-based and offers interactive visualisations with a simple interface for end-users to create their dashboards and reports.
The tool is robust, built to facilitate extensive modelling and real-time analytics as well as custom development.
The integration of Dynamics 365 for finance and operations and Power BI is a powerful one. It gives users the ability to personalise Dynamics 365 workspaces with tiles from Power BI, linking the two for better data visualisation.
There are several reasons why Power BI is the right tool for your business, including:Easy setup
Setting up Power BI is straightforward and easy to understand. You’ll be able to generate insights quickly and easily with very little training. Linking it to Dynamics 365 is also a simple process, requiring very little know-how. Streamlined publication and distribution
Gone are the days of emailing copies of charts and graphs to colleagues. With Power BI, analysts can upload reports and data visualisations to the Power BI service. This is especially handy when it comes to real-time updates of information – with Power BI. The data is refreshed whenever the underlying dataset is updated.Real-time action
Power BI dashboards, including those integrated with Dynamics 365, update real-time as data is pushed or streamed in. This gives users the ability to identify opportunities or solve problems rapidly.Customizable navigation
Each company is different, so each approach to their information should be too. With Power BI, you’re able to customise the way your users access the information.Artificial intelligence
Power BI users can access image recognition tools and text analytics options within the Power BI interface. This allows for the creation of machine learning models as well as the integration with Azure Machine Learning.Combine Dynamics 365 and Power BI
Dynamics 365 and Power BI are both excellent standalone tools when it comes to successfully running your business. Now you know a little more about each and how you can benefit from their combination.