Dear Inventory to Power BI

What is Dear Inventory?

DEAR Inventory is a cloud-based ERP platform designed for small to mid-sized manufacturers, wholesalers, retailers, and e-commerce stores to keep track of all processes across their entire supply chain – from inventory and warehouse management to point-of-sale and accounting.

What is Power BI?

Power BI is an on-premise and cloud-based data visualization tool from Microsoft. It allows business intelligence professionals and data analysts to build and disseminate interactive visual reports and dashboards for analytical decision-making purposes.

Visualizing DEAR Inventory data in Power BI – The Standard Integration Approach

Want to harness DEAR Inventory reporting and planning in Power BI? Feeling flustered at the lack of write-back features for modifying inventory and financial data?

DEAR Inventory lacks an integration interface for Power BI. This means that – aside from incurring annual licensing costs for multiple users – obtaining any transfer of data lies at the discretion of DEAR Inventory’s ‘connector’ to ensure it is configured for migration, integration, and management with Power BI.

While it’s possible to develop native connectivity in-house, considerable development knowledge and domain expertise is needed to ensure DEAR Inventory, Xero and other integrations for Power BI are fully configured and optimized – making it expensive and time-consuming.

The Problems of the Standard Integration Approach

The limitations of loading DEAR Inventory data into Power BI tables extends beyond a lack of seamless configuration. Instead, data analysts face a host of issues that can impact their time-to-value and insight. These include:

1. Lack of write-back features to append DEAR Inventory data on-the-go

Employing data write-back to make changes to Dear Inventory data to effect visualizations in Power BI tables to examine historical data, anticipate future trends, and adjust accordingly is not a possibility. Thus, data analysts and BI professionals face limits in creating what-if scenarios, rolling forecasts, or when making any iterations to reports as needed.

2. Significant time and costs spent in moving DEAR Inventory Data to Power BI

Loading any changes in Power BI reports means spending considerable man-hours integrating and transforming DEAR Inventory, Xero, and other siloed data into a central data repository.  The source data would have to be modified using transformations and optimized for the database destination for querying before it can be loaded into Power BI to analyze reports.

3. Inability to leverage Power BI’s planning, forecasting, and budgeting capabilities.

Power BI isn’t well suited for visualizing reports for budgeting and financial planning purposes. Dedicated planning and discovery features such as ratios, formulas, KPIs are not prebuilt into Power BI, preventing users from visualizing interactive reports for use-cases such as rolling forecasts, analyzing before and after performance metrics, and much more.

 

Utilize Turnkey DEAR Inventory Integrations For Power BI With Acterys

Acterys offers a virtual data warehouse approach to DEAR Inventory-Power BI integration to automate data warehouse generation and build stunning dashboards with built-in planning templates and write-back solutions – all in one.

1. One-Click Data Visualization Without Moving Disparate, Siloed Data

Instead of moving disparate, siloed data systems into a central repository, Acterys offers a cloud or on-premises SQL database for out-of-the-box MYOB, DEAR Inventory, and Xero integrations via a virtualized platform, eliminating the need for connector interfaces. The result? No connector and end-user licensing costs.

2. Ready-to-Use Prebuilt Templates For Planning and Analysis

DEAR Inventory data financial planning and forecasting in Power BI just got easier; Acterys offers Acterys Apps for DEAR Inventory, Xero and more sources to supercharge your reporting analyses with prebuilt, fully customizable dashboards in Power BI or Excel. You can customize and extend the model exactly to your needs (account mappings, KPI’s, etc). and add nearly any other data source (CRM, POS, Inventory, etc.) on the fly.

3. A Holistic Data Model for Short Time to Value and Insight

Reduce build and cycle times by centralizing disparate datasets and applications through various consolidation features such as multi-currency handling and inter company elimination.  This lets you unify multiple disconnected sources without having to integrate and visualize all accounting and financial data in Power BI or Excel under one roof.