Solving challenges for Financial Controllers

If you are a Financial Controller, your role is becoming increasingly challenging. The enormous amount of data you deal with on a daily basis is growing exponentially and management expects timely reports. Whether you work for a real estate company, a transport company or any other organisation, the core of your responsibility remains the same: ensuring accurate and timely financial reporting, monitoring business performance and supporting strategic decisions with reliable data. This is where the strength of the collaboration between Exsion and Power BI lies.

Current challenges for controllers

Let's start with a number of common challenges that controllers face:

• Data overload: processing enormous amounts of data from different sources and systems can be overwhelming.
• Data accuracy: making sure that the data is correct before creating reports is crucial but often a time-consuming process.
• Visual presentation: translating numbers into visually attractive and understandable dashboards proves to be challenging.
• Ad hoc analyses: management demands a fast and flexible response to questions with in-depth analyses.
• Continuous monitoring: the business you work in is changing rapidly. This means that you not only have to draw up reports, but also monitor an increasing number of important KPIs.

The role of Exsion

Exsion offers controllers a familiar Excel-like environment in which they can manage, process, report and consolidate data. The strength of Exsion lies in its simplicity and user-friendliness, which allows controllers to manage large amounts of data without much effort. The Excel interface makes it easy to draw up reports and analyses without requiring in-depth knowledge of complex IT systems. But there is a downside: with the growing amount of data, hundreds of rows and tables can quickly arise, which can make overview and control difficult. This is where the need for a powerful monitoring system comes in to continue to manage and analyse the data.

The added value of Power BI

Power BI, the expertise of EQ Group, offers the perfect addition to Exsion. Power BI is a powerful tool for data visualisation and analysis. It enables controllers to transform complex datasets into visually appealing and easy-to-understand dashboards. This makes it easier to discover trends and patterns and to quickly gain insight into business results. However, a powerful dashboard is only valuable if the underlying data is correct. This is where the synergy between Exsion and Power BI comes into its own. Exsion ensures that the data is accurate and reliable (the foundation is correct) while Power BI converts this data into visually appealing and functional dashboards. The result is a solid foundation of reliable data, combined with the visual power of Power BI.

Conclusion

The combination of Exsion and Power BI offers controllers the best of both worlds: the reliability and simplicity of data management with Exsion and the powerful visualization and analysis capabilities of Power BI. This makes it possible not only to get a grip on the growing amount of data, but also to convert this data into valuable insights that can improve business operations. With these tools in hand, controllers can confidently face the challenges of the modern business world and play a crucial role in the strategic decision-making of the organization.