Consistency creates clarity: the UNIFY principle of IBCS
Welcome to another article in our series on the International Business Communication Standards (IBCS). Today we will take an in-depth look at the UNIFY principle of the SUCCESS formula. This principle plays a crucial role in the standardization of business information to promote clarity and comprehensibility. What does UNIFY mean? UNIFY, the second element of the SUCCESS formula, stands for [...]
Effective business communication thanks to IBCS
Welcome to the first installment of our series on the International Business Communication Standards (IBCS). In this series, we will dive into the world of IBCS, a framework developed to standardize the way we present and communicate business information. This framework, created by Prof. Dr. Rolf Hichert, sets clear [...]
Integration of planning and reporting with Acterys in Power BI
In many companies, planning and data analysis go hand in hand. In order to manage a company successfully, decision-makers must always keep an eye on the comparison between actual and planned values - in areas such as sales planning, budget planning, forecasts, sales, liquidity and price planning. Well thought-out planning is crucial not only to manage departments internally, but also to [...]
My volunteer work for the city vacations in Gelnhausen - thanks to data4success for their support
I'm Manuel John and I've been a passionate volunteer youth worker at the "Stadtferien" in Gelnhausen for over 10 years - a one-week vacation camp for children aged between 5 and 13 organized by the Protestant church community. From July 14 to 20, 2024, I was once again able to be part of this wonderful team of over 30 volunteers [...]
Profit increase: Automated P&L for profit centers
In the modern business world, efficient financial management is a key success factor. Many companies are faced with the challenge of automating their interactive profit and loss statement (P&L). What is often not realized is the enormous benefits that automation and interactivity can bring to financial management at a corporate level and in each individual department. In this article we show [...]
Selling price = costs + margin? Better give your money away for Christmas!
In the world of sales, and particularly in the world of business software such as Microsoft Dynamics NAV, Navision and Business Central, it's tempting to calculate the price of a product simply as the sum of the cost and a fixed margin. But what if your customers were willing to pay more for your product? Then you may be giving away [...]
Detailed analysis of customers and articles: Maximize your potential with Power BI
In today's business world, it is essential to have a clear overview of item sales and customer trends. Unfortunately, many ERP (Enterprise Resource Planning) systems do not provide the necessary graphical reports to effectively analyze this data. This is exactly where our new, customized report comes in, which we would like to present to you today. A look at [...]
Difference between zero values and empty values
Many customers ask us why " " and "(empty)" are displayed in the Power BI Slicer. What does this mean? In the world of Power BI and other data analysis tools such as Microsoft Dynamics NAV (Navision) and Business Central, null values and empty values are common terms that are often confused. However, it is important to understand the difference [...]
More time at last! How Power BI for controllers handles all recurring tasks
Do you work in finance or controlling? Then today we'd like to show you how to make the transition from the world of Excel to the fully automated reporting world. In other words, you'll finally have time to go on vacation and focus on your actual job. Many controllers still live in a world where big [...]
Power BI with as little data as possible in the cloud
The "normal" Power BI variant (everything in the cloud) would be to upload large Power BI files containing all the raw data to the cloud. This creates a so-called "semantic model" in the cloud, which the report itself can consume in the same way as other reports. This "semantic model" is technically nothing more than the SQL Server Analysis Services Engine, with which [...]