Typically Business Intelligence is an assortment of procedures and tools utilized to collect information and convert it into consequential data that can be made use of by people to reach
Typically Business Intelligence is an assortment of procedures and tools utilized to
collect information and convert it into consequential data that can be made use of by
people to reach improved assessments and decisions. In Excel workbook there are many
novel Business Intelligence facets and performances, making it simpler to collect
information, and utilize that information to generate potent reports, dashboards and
Here are few features that stand out in Excel workbook:
Transport information into Excel workbook: by connecting to any
number of outside sources of information like Microsoft Azure data, SQL
Server tables, OData, and the like in the workbook. In fact the Power
Query in Excel can be utilized to search for, merge and process the
information gathered. One can bring in data into Excel workbook or utilize related
information to generate graphs, tables or charts making use of outside
Classify, systematize and work with information in Excel: For this the
user can utilize Flash Fill to arrange for display of information.
Envisage information in Excel: One can generate various types of
charts for reporting. The Power Map in Excel can also be used to give a 3-
D effect on the globe. Key performance indicators will help one see at one
glance if performance is on par with what he/she has visualized in all
Make use of filters for charts and tables: by including timeline, slicers
filters and controls one can more easily pay more attention to precise data
Utilize Quick Explore: to discover data on PivotChart or PivotTable
reports and also see more details concerning the new value that has been
generated in a separate chart on the computer screen.
Excel Chart recommendations will suggest the ideal chart for one’s
information. One can avail of a quick view of what the data would look like
on varying charts and select one that express one’s intentions most aptly.
Excel is a tool that can be made the best of provided you know how to use
In this age of computer technology, the variety of software has made life and office work
so much easier. One of the most important tools that has become inevitable for
reporting in any business or office is Excel. It is the most user friendly tool that is
extremely reliable as well as flexible that makes it preferable among business people.
Excel automation can build a complete range of reports right from operational details to a
comprehensive report for each department and even for the high up company officials.
Excel can even automate Pivot Tables that makes it really convenient for company staff.
Let us Briefly Examine the Benefits of Excel Automation
1. Time Saving – The process can really speed up the mundane procedure of
creating reports and help you save quite a lot of time. You need not waste time
on formatting reports and validating data as you can just reprocess the existing
2. Evade Mistakes – Excel Automation helps to gather all information without
committing the usual errors that occur during manual collection of data.
3. Gather Information from Manifold Sources – It can collect data from SQL Server,
spreadsheets, AS400, Oracle and the like and compile it into a single file
4. No Need to Spend Money on Reporting Software – If you have acquired user
licensing that is unlimited, you do not require any other add- inns or plug- ins that
you have to spend money on.
5. Keep it Simple - Your firm can stick to simple but comprehensive reports with
Excel automation and at the same time come up with advanced reporting
techniques and exhibits.
6. Cost effective – As most employees are already knowledgeable about using
Excel automation, you do not have to spend extra money training your
employees for the same.
In the business world today, availability of prompt and precise data is vital for the
success of any company. It is imperative that all people in the executive and managerial
cadre of the company are aware of Business Intelligence. Armed with the skills to draw
out and evaluate information regarding their business, the company will be able to know
where the business stands and make better assessments about what is to be done.
This is where Excel based Dashboard can help. It is a cost effective and efficient Business Intelligence platform that ever was.
Use the Flash Fill for faster completion of work
Firstly, in Excel there are plenty of tools that assist one to alter and clear data. But one
has to be thorough of Excel if they are to use it. Excel 2013 has something called ‘Flash
Fill’ that helps you clear and fill up cells faster in the way you require. All you would be
required to do is fill a couple of cells with data the way you want it and ‘Flash Fill’ will
take over from there. This as you can see will save time, allowing you to complete your
Quick Analysis – for presentation of reports
Generally when a report is being prepared, the analysis is done in Excel and the
reporting is done in another application. When the executives are requested to present
and analyze the report, invariably a lot of time and information are lost while translating
things between Excel and the second application. Instead, if both reporting and
analyzing is done in Excel utilizing ‘Quick Analysis’, all information will be in the same
application, and report and analysis of data can be carried out faster, thereby providing
precious time for solving problems at hand.
The many uses of Excel Dashboard
Most managers are responsible for a wide range of responsibilities and may have to
look at diverse data simultaneously. Excel Dashboards are very efficient for this. It can
easily sum up a wide range of data from various sources in just a couple of pages
making things far easier to handle.
Excel has plenty of great tools that can be used effectively for reporting. The above
mentioned are just a couple of them.