Business Intelligence and Data Analytics Blog

Information and Discussions on Business Intelligence, Data Analysis, and Management featuring: Strategies, Best Practices, PARIS Product Tips and News

5 Business Intelligence Project Mistakes to Avoid

5 Business Intelligence Project Mistakes to Avoid

Forcing users to stop using Excel or other spreadsheet applications is one of the top reasons why Business Intelligence projects fail. End users who are love to use spreadsheets are faced with the problem of having to adjust to using a new Business Intelligence software solution that does not work well with Excel.

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Build a Powerful Income Statement Model from Scratch

Build a Powerful Income Statement Model from Scratch

Building a Powerful Income Statement Model from Scratch We are kicking off this blog with a “building from scratch” theme. Here, by “building from scratch” we mean what nearly every Finance person has done at some point: creating some kind of financial modeling...

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Pivot Table vs. PowerExcel Pivot

Pivot Table vs. PowerExcel Pivot

If you’ve built your models in Excel, this becomes very difficult. You need to go down to the bottom, change some assumptions, roll it all up, and check if you have the number that management wants. If you don’t, you must go down to the bottom again and start over until you roll it all up again. In some organizations, this sort of circular process can take months; it’s expensive, time-consuming, and demoralizing.

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Top-Down Bottom-Up Budgeting with PowerExcel

Top-Down Bottom-Up Budgeting with PowerExcel

If you’ve built your models in Excel, this becomes very difficult. You need to go down to the bottom, change some assumptions, roll it all up, and check if you have the number that management wants. If you don’t, you must go down to the bottom again and start over until you roll it all up again. In some organizations, this sort of circular process can take months; it’s expensive, time-consuming, and demoralizing.

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Video Series: 2023 Rugby World Cup Predictor

Video Series: 2023 Rugby World Cup Predictor

If you are a rugby fan , You have to check out the Rugby World Cup Predictor video series! Built in collaboration with our Partner and Finance expert, David Newton of Newton Carmen, we’ve created a cool Rugby World Cup Predictor model. 

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