{"id":930383,"date":"2026-11-01T18:12:35","date_gmt":"2026-11-01T18:12:35","guid":{"rendered":"https:\/\/palmer-consulting.com\/finance-performance\/rethinking-financial-reporting-with-power-bi\/"},"modified":"2026-11-01T19:05:32","modified_gmt":"2026-11-01T19:05:32","slug":"rethinking-financial-reporting-with-power-bi","status":"publish","type":"page","link":"https:\/\/palmer-consulting.com\/en\/finance-performance\/rethinking-financial-reporting-with-power-bi\/","title":{"rendered":"Rethinking Financial Reporting with Power BI"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"930383\" class=\"elementor elementor-930383 elementor-930275\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1aef1929 e-flex e-con-boxed e-con e-parent\" data-id=\"1aef1929\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3a3e93e elementor-widget elementor-widget-text-editor\" data-id=\"3a3e93e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div class=\"pmrex pmrex-detail\"><header class=\"pmrex-hero\"><div class=\"pmrex-wrap\"><a class=\"pmrex-back\" href=\"https:\/\/palmer-consulting.com\/en\/finance-performance\/\">\u2190 Finance &#038; Performance<\/a><div class=\"pmrex-hero-layout\"><div><p class=\"pmrex-eyebrow\">Customer Feedback<\/p><h1>Rethinking Financial Reporting with Power BI<\/h1><p class=\"pmrex-lead\">Aligning reports with the financial management model following the deployment of a new ERP system.<\/p><\/div><div class=\"pmrex-hero-media\"><figure class=\"pmrex-hero-figure\"><img fetchpriority=\"high\" src=\"https:\/\/palmer-consulting.com\/wp-content\/plugins\/palmer-rex\/assets\/photo-5.jpg\" width=\"1080\" height=\"1080\" alt=\"Rethinking Financial Reporting with Power BI\" decoding=\"async\"\/><\/figure><\/div><\/div><\/div><\/header><section class=\"pmrex-wrap pmrex-overview\"><div><p class=\"pmrex-eyebrow\">The Mission at a Glance<\/p><div class=\"pmrex-company\"><h2>The Company<\/h2><p>A technology services company<\/p><\/div><h2>The Context of the Project<\/h2><div class=\"pmrex-context\"><p>After implementing an ERP system, a company needed to overhaul its financial reporting. The needs of the business units and senior management called for easier access to data. Since the ERP integrator and the Power BI developer were separate teams, close coordination was essential.<\/p><\/div><div class=\"pmrex-problem\"><h2>The Challenge<\/h2><p>Financial reporting systems needed to be rebuilt following the deployment of an ERP system, with a Power BI developer separate from the integrator.<\/p><\/div><\/div><aside class=\"pmrex-challenge\"><p class=\"pmrex-eyebrow\">Key Issues to Address<\/p><h2>The Challenge of the Project<\/h2><p>The project brought together separate teams for the ERP and for Power BI, in a context where available documentation was limited. The difficulty lay in translating financial expectations into actionable reports, while ensuring proper configuration of the ERP system. Data quality and a shared understanding of requirements were central to project management.<\/p><\/aside><aside class=\"pmrex-early-cta\"><p>Are you facing the same challenges?<\/p><a class=\"pmrex-button\" href=\"https:\/\/palmer-consulting.com\/contact\/\">Contact us \u2197<\/a><\/aside><\/section><section class=\"pmrex-method\"><div class=\"pmrex-wrap\"><div class=\"pmrex-section-heading\"><div><p class=\"pmrex-eyebrow\">Our Approach<\/p><h2>The Process, Step by Step<\/h2><\/div><\/div><div class=\"pmrex-steps\"><article class=\"pmrex-step\"><span class=\"pmrex-step-number\">01<\/span><div><h3>Gathering Management Requirements<\/h3><p>PALMER facilitated workshops with business units to identify the expected information and clarify reporting requirements.<\/p><p>These discussions made it possible to align the developments with the target management model. The scope definition took into account the financial teams\u2019 workflows and the expectations of senior management.<\/p><\/div><\/article><article class=\"pmrex-step\"><span class=\"pmrex-step-number\">02<\/span><div><h3>Organizing the Interface Between Stakeholders<\/h3><p>The project ensured coordination between the client, the ERP integrator, and the Power BI developer.<\/p><p>This coordination was necessary to facilitate the flow of information and resolve misunderstandings between functional expectations and technical constraints. Project monitoring ensured a shared understanding of the work to be done.<\/p><\/div><\/article><article class=\"pmrex-step\"><span class=\"pmrex-step-number\">03<\/span><div><h3>Monitoring Development<\/h3><p>PALMER monitored specific development phases to ensure they aligned with the identified needs.<\/p><p>Coordination focused on the various phases of the project and their alignment with the defined objectives. Ongoing communication among stakeholders allowed for the necessary adjustments to be made throughout the project.<\/p><\/div><\/article><article class=\"pmrex-step\"><span class=\"pmrex-step-number\">04<\/span><div><h3>Validating Reports<\/h3><p>The deliverables underwent functional and technical validation.<\/p><p>Particular attention was paid to the quality and integrity of the data disseminated. The monitoring process aimed to ensure that financial information was accessible and aligned with user expectations, while adhering to the project timeline.<\/p><\/div><\/article><\/div><\/div><\/section><section class=\"pmrex-results\"><div class=\"pmrex-wrap pmrex-results-layout\"><div><p class=\"pmrex-eyebrow\">Work Completed<\/p><h2>What the \u201c<br\/>\u201d initiative has implemented<\/h2><div class=\"pmrex-rule\"><\/div><\/div><ul class=\"pmrex-deliverables\"><li><span>01<\/span><p>Financial needs identified and organized during the workshops.<\/p><\/li><li><span>02<\/span><p>A coordinated reporting initiative involving ERP, Power BI, and business units.<\/p><\/li><li><span>03<\/span><p>Development work overseen to ensure it meets functional requirements.<\/p><\/li><li><span>04<\/span><p>Deliverables verified for data quality and integrity.<\/p><\/li><\/ul><\/div><\/section><section class=\"pmrex-wrap pmrex-contribution\"><div><p class=\"pmrex-eyebrow pmrex-contribution-label\">The Firm&#8217;s Support<\/p><h2>PALMER\u2019s Contribution<\/h2><\/div><div><p class=\"pmrex-value\">PALMER provided insight into the financial challenges and managed the project from start to finish. This coordination ensured consistency between data from the ERP system and reporting practices.<\/p><a class=\"pmrex-expertise-link\" href=\"https:\/\/palmer-consulting.com\/en\/finance-performance\/\">Discover our Finance &#038; Performance expertise \u2192<\/a><\/div><\/section><section class=\"pmrex-cta\"><div class=\"pmrex-wrap pmrex-cta-layout\"><div><h2>Let\u2019s discuss your financial challenges<\/h2><p>Let\u2019s discuss your situation and the skills needed to address it.<\/p><\/div><a class=\"pmrex-button\" href=\"https:\/\/palmer-consulting.com\/contact\/\">Let\u2019s discuss your needs \u2197<\/a><\/div><\/section><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Align reporting with the financial management model following the implementation of a new ERP system.<\/p>\n","protected":false},"author":12,"featured_media":0,"parent":7385,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"class_list":["post-930383","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Rethinking Financial Reporting with Power BI | Palmer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/palmer-consulting.com\/en\/finance-performance\/rethinking-financial-reporting-with-power-bi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rethinking Financial Reporting with Power BI | Palmer\" \/>\n<meta property=\"og:description\" content=\"Align reporting with the financial management model following the implementation of a new ERP system.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/palmer-consulting.com\/en\/finance-performance\/rethinking-financial-reporting-with-power-bi\/\" \/>\n<meta property=\"og:site_name\" content=\"Palmer\" \/>\n<meta property=\"article:modified_time\" content=\"2026-11-01T19:05:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/palmer-consulting.com\/wp-content\/plugins\/palmer-rex\/assets\/photo-5.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/palmer-consulting.com\\\/en\\\/finance-performance\\\/rethinking-financial-reporting-with-power-bi\\\/\",\"url\":\"https:\\\/\\\/palmer-consulting.com\\\/en\\\/finance-performance\\\/rethinking-financial-reporting-with-power-bi\\\/\",\"name\":\"Rethinking Financial Reporting with Power BI | Palmer\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/palmer-consulting.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/palmer-consulting.com\\\/en\\\/finance-performance\\\/rethinking-financial-reporting-with-power-bi\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/palmer-consulting.com\\\/en\\\/finance-performance\\\/rethinking-financial-reporting-with-power-bi\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/palmer-consulting.com\\\/wp-content\\\/plugins\\\/palmer-rex\\\/assets\\\/photo-5.jpg\",\"datePublished\":\"2026-11-01T18:12:35+00:00\",\"dateModified\":\"2026-11-01T19:05:32+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/palmer-consulting.com\\\/en\\\/finance-performance\\\/rethinking-financial-reporting-with-power-bi\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/palmer-consulting.com\\\/en\\\/finance-performance\\\/rethinking-financial-reporting-with-power-bi\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/palmer-consulting.com\\\/en\\\/finance-performance\\\/rethinking-financial-reporting-with-power-bi\\\/#primaryimage\",\"url\":\"https:\\\/\\\/palmer-consulting.com\\\/wp-content\\\/plugins\\\/palmer-rex\\\/assets\\\/photo-5.jpg\",\"contentUrl\":\"https:\\\/\\\/palmer-consulting.com\\\/wp-content\\\/plugins\\\/palmer-rex\\\/assets\\\/photo-5.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/palmer-consulting.com\\\/en\\\/finance-performance\\\/rethinking-financial-reporting-with-power-bi\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/palmer-consulting.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Finance &amp; 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