Do you export data from your financial system to Excel, to tell a story? Do you rely on your financial data for budgets and forecasting? How about business unit financial performance? Using your financial system, which is a transactional system, as your data mart, will only prevent or cost you more time from proper story telling. In some cases, it can have an impact on your transactional system.
A proper data & analytics system, like a Data Lake or Warehouse, will enable you to bring multiple sources of data together to tell a story. In fact, this data will allow you to create standard business Power BI reports for the purposes of budgeting, financial performance, and even forecasting. In addition, this common data source can then be used to feed other applications or processes.
Microsoft Fabric and Power BI will allow you to bring your data together to drive optimal business performance.
