There is often a huge amount of data in organisations that, if not treated and organised properly, makes it more difficult to accurately track some key performance indicators (KPI’s) that can help your company to perform better and also show points where it can improve. When data is well controlled your end users can gain insights and understand if your organisation is on or off-track. Microsoft Power BI is one tool that gives you a simple view of your data through business intelligence to create reports and dashboards. It allows you to see information such as sales, revenue, costs, profits over time, any type of KPI you want to build and many others indicators directly within your organisation’s data.
What if this entire process could be done interactively within a report? That is what you’ll see in this article, a simple 4-step method to create dynamic reports with Power BI, getting reports with interactive data from your organisation, enabling you to get quick answers without having to create a report for each metric that you are measuring. Power BI has the power to create reports with relevant information in order to see if the main indicators are above, below or in the expected values of each moment in time. It allows you to make comparisons between years, targets, real values and many more indicators you may build that are relevant to your needs.
For this case study, let’s imagine that we have a chain of retail stores that sell several products: