Every industry has its own nuances. We take that into consideration and approach business solutions with the specific lens required of your field. Our teams are comprised of talent with relevant experience and we’re prepared to meet every challenge.
How a healthcare organization scaled IT leadership through Office of the CIO services
Learn how a healthcare organization strengthened IT governance, cybersecurity, and strategic planning through Office of the CIO services without hiring a full-time CIO.
AI Strategy Starts with People (Part 1)
Lorem ipsum dolor set
Elliott Davis Accelerates Growth with Leadership Promotions and Strategic Talent Expansion
Lorem ipsum dolor set
SEC semiannual reporting proposal: What financial institution leaders need to know
Lorem ipsum dolor set
Most companies don't need a better budget. They need a planning system
Lorem ipsum dolor set
Courage Changes Everything
Lorem ipsum dolor set
Understanding the Cash vs. Tax Carry Mismatch in Private Equity Funds
AI is moving faster than most organizations can keep up, and that uncertainty can create excitement, fear, and resistance.
Elliott Davis Accelerates Growth with Leadership Promotions and Strategic Talent Expansion
Elliott Davis, a top 50 U.S. accounting and advisory firm, is continuing its momentum with a series of leadership promotions and strategic talent investments that reflect the firm’s ongoing evolution and its commitment to meeting customer needs.
SEC semiannual reporting proposal: What financial institution leaders need to know
Learn how the SEC's proposed semiannual reporting framework could affect bank reporting calendars, investor expectations, governance, controls, and compliance.
Most companies don't need a better budget. They need a planning system
Many companies outgrow traditional budgeting before they realize it. Learn how modern FP&A connects forecasting, scenario planning, operational drivers, and strategy.
Courage Changes Everything
Courage doesn't just change how you show up, it changes how the people around you show up, too.
Every industry has its own nuances. We take that into consideration and approach business solutions with the specific lens required of your field. Our teams are comprised of talent with relevant experience and we’re prepared to meet every challenge.
How a healthcare organization scaled IT leadership through Office of the CIO services
Learn how a healthcare organization strengthened IT governance, cybersecurity, and strategic planning through Office of the CIO services without hiring a full-time CIO.
AI Strategy Starts with People (Part 1)
Lorem ipsum dolor set
Elliott Davis Accelerates Growth with Leadership Promotions and Strategic Talent Expansion
Lorem ipsum dolor set
SEC semiannual reporting proposal: What financial institution leaders need to know
Lorem ipsum dolor set
Most companies don't need a better budget. They need a planning system
Lorem ipsum dolor set
Courage Changes Everything
Lorem ipsum dolor set
Understanding the Cash vs. Tax Carry Mismatch in Private Equity Funds
AI is moving faster than most organizations can keep up, and that uncertainty can create excitement, fear, and resistance.
Elliott Davis Accelerates Growth with Leadership Promotions and Strategic Talent Expansion
Elliott Davis, a top 50 U.S. accounting and advisory firm, is continuing its momentum with a series of leadership promotions and strategic talent investments that reflect the firm’s ongoing evolution and its commitment to meeting customer needs.
SEC semiannual reporting proposal: What financial institution leaders need to know
Learn how the SEC's proposed semiannual reporting framework could affect bank reporting calendars, investor expectations, governance, controls, and compliance.
Most companies don't need a better budget. They need a planning system
Many companies outgrow traditional budgeting before they realize it. Learn how modern FP&A connects forecasting, scenario planning, operational drivers, and strategy.
Do you struggle with data modeling and data sources?Our team of certified Microsoft Power BI analysts have been working with our customers to leverage the end-to-end platform to create powerful insights into their business. Through our work, we have identified several best practices to help you on your journey in building a data-driven culture through business intelligence.
This article is focused on data modeling and data sources. The challenges of data quality, storage, validation, and disparate sources are real, but these eight best practices can help elevate your work with this powerful tool.
1. Use web-based data sources
Eliminate your need for connecting to raw files containing ad hoc analysis. Instead pull directly from your raw data sources such as QuickBooks®, Salesforce®, or a traditional web Application Programming Interface (API)
Power BI has strong back-end Extract Transform Load (ETL) capabilities to clean and organize your data as needed
This will help secure your data for better long-term data strategy
2. Avoid connecting to local file systems for long-term data strategy
Connecting to local files as your data source is good for quick development, but we find it better to connect to web-based sources for long-term strategy and security
Web based sources allow you to quickly share Power BI desktop files with other users and helps improve background query functionality
Local files may be subject to increased security risks
3. Reduce data model size
Optimize overall file performance including loading visuals, running Data Analysis Expressions (DAX) formulas, and slicing data
In Power Query™, a data transformation and data preparation engine within Power BI, you can remove unneeded columns and rows, duplicate records and verify data types
You can also enable and disable load of queries into the model; this helps save on file size and improve performance
4. Avoid using too many DAX calculated columns
DAX calculated columns take longer to refresh and load during updates
Making all key data transformations in the Power Query editor will allow steps to load faster upon refresh
5. Limit bi-directional and many-to-many query connections in your data model
These query connections tend to check more data points and can cause slowdowns to reporting performance
Try using one-to-many or many-to-one query connections with filtering in a single direction to improve reporting performance
6. Normalize data with a star schema (illustrated below)
Making connections from fact tables that contain foreign keys to dimension tables improves efficiency and performance
This schema allows other users to quickly decipher data query connections and identify how the model works together
This schema decreases data redundancy
7. Utilize "Active" and "Inactive" relationship types
You can mark relationships between tables as Active or Inactive, this allows you to make multiple connections between two tables
This functionality provides increased flexibility when writing DAX formulas; you can specify which relationship you want to use when calculating values
8. Create a standard date table
You can easily add in manual data tables, including a standard date table for your business needs
This can include columns such as month, day, year, quarter, day of week, end of month (EOM), etc.
Power BI provides standard slicer fields for viewing and analyzing your data
We Can Help
Contact a team memberto learn more about our data analytics services.
The information provided in this communication is of a general nature and should not be considered professional advice. You should not act upon the information provided without obtaining specific professional advice. The information above is subject to change.
contact our team
contact our team
contact our team.
relatedinsights
Why some lenders are breaking up with CECL and what they’re choosing instead
Discover the strategic reasons why some lenders are abandoning CECL, the implications of FVO adoption, and what it means for financial reporting and risk management.
September 4, 2025
How one family-owned business modernized for growth
Discover how a family-owned business worked with Elliott Davis to modernize operations, navigate generational transition, and build a scalable finance function to support rapid growth and acquisitions.
Case Study
September 2, 2025
Examiners are not impressed: Why your BSA/AML model needs work
Discover why BSA/AML models are falling short of examiner expectations and how financial institutions can strengthen compliance programs amid evolving regulations, staffing challenges, and emerging risks like cartel-linked activity and crypto exposure.
August 28, 2025
Have you modeled after-tax cash flows?
Learn why modeling after-tax cash flows is essential during the disposition phase of real estate investments. Discover key tax considerations, gain allocation strategies, and how to avoid surprises that impact investor returns and reinvestment planning.
August 27, 2025
One Big Beautiful Bill: International tax implications for global manufacturers
Explore strategic tax planning opportunities for global manufacturers under the One Big Beautiful Bill Act, including GILTI, NCTI, FDII, FDDEI, and R&D.
August 26, 2025
From data to dollars: Connecting profitability, sales enablement, and value creation
Learn how companies in manufacturing, construction, and service industries can unlock profitability and growth through data-driven sales enablement.