Velan Offers Business Intelligence Solutions using Power BI to A Connecticut Accounting Firm to Keep Track of Their Profitability
A Connecticut-based Accounting Firm Offering Services to Small and Medium Corporates.
The client had a tough time in keeping track of their profitability of each and every client accounts. The client reached out to Velan for a solution. They were facing the following challenges in generating the profitability reports:
- Management Reporting Dashboard was based on Excel where the size of the file was becoming too difficult to work with.
- The reports were limited and adequate information not available for decision-making as the Practice Manager is proprietary in nature.
- Unable to build custom reports as there was no direct access to Practice Manager.
- The process of creating reports manually was tedious and time-consuming
- Velan BI team worked with the client’s challenges, applied best practices and provided solutions.
- Design and developed a tool to extract the data from the Practice Manager and export it to Azure SQL database for reporting.
- Automation scripts were deployed to export data from Practice Manager to Azure SQL.
- Created the reports and customized them further based on the customer requirement in Power BI
- Reports are available in the cloud and can be accessed from anywhere.
- Real-time reporting, Reports are available with a single click.
- Time to create and distribute the reports reduced by 95%.
- The management team has better insight into the data thereby enabling them to monitor and take quicker decisions.
- Able to forecast volume for the future period.