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 or lessons learned we want to share to help you on your journey in building a data-driven culture through business intelligence.
The second article in our series is focused on data engineering and DAX. The challenges of data engineering, transformation, and writing DAX calculations are real, but these eight best practices will help you elevate your work with this powerful tool.
1. Avoid using too many transformations in Power Query
Streamline the number of transformations you use for greater efficiency when loading and refreshing datasets
Helps reduce memory usage and aids in improving performance
2. Know when to use the "Direct Query" or "Import" when connecting to data sources
"Direct Query" allows for an unlimited data size and the ability to schedule refreshes up to every 15 minutes from a single source
"Import" is best for when you need data stored in the Power BI cache, it has the ability to pull from multiple sources and has a high-performance query engine, especially when you do not need to schedule refreshes as often
Both are great options, but one is usually better dependent on the specific scenario
3. Create an "index" column when source data doesn't contain a unique identifier
Sometimes it is necessary to create your own primary key for a dataset, if one is not already included
This will help uniquely identify each record and help establish connections to other data sources
This column also aids in removing duplicate rows if they were accidentally created during other transformations
4. Minimize the number of load queries by merging datasets
You don't have to load all the datasets you're connecting to. Instead you can use the "Merge" data transformation tool to combine datasets and load fewer into the model.
Speeds up processing and refresh times
Allows you to keep only needed columns and decreases file size
5. Use 'Calculated Measures', not 'Calculated Columns', for overall data model performance
Calculated Measures perform data operations only when called in a report and generally take up much less storage than Calculated Columns, which cache data in the file and can slow down data refreshes
6. Use "Calculate" function to quickly add in the "Filter" function as needed
Instead of simply using the "Sum", "Average", or another function, wrap this function with the "Calculate" method to give yourself more flexibility and improve capabilities
In the second parameter of "Calculate" you can add as many filters as you need, as long as your tables are connected in the data model
7. Create "Union" tables for greater customization
With a simple "Union" function you can create custom tables using columns from multiple tables in a format you need
This is great for creating a flexible trend axis with a slicer to select a cadence to view different scenarios, such as aggregations by week or by month
You can use this new table in your data model and make connections as well
8. Make custom formatting measures using the “Switch” function
By using the “Switch” function you can select specific table values to format, whether that’s the row’s background or font color
Use hex codes in quotations to designate the desired color
Use this measure in the conditional formatting section as “Field Value” for desired formatting effect
We Can Help
Contact a team member to learn more about our data analytics services. Check out our first Power BI resource article about best practices in data modeling and source.
contact our team
contact our team
contact our team.
relatedinsights
Financial Services 1st Quarter Update
April 6, 2023
Inflation Reduction Act adds two new ways to monetize clean energy credits
Learn how the Inflation Reduction Act of 2022 expands clean energy tax credits with IRC § 6417 and § 6418. Discover how direct pay and credit transfers benefit tax-exempt entities, clean energy developers, and state institutions while navigating eligibility and regulatory updates.
April 3, 2023
Assisting in the acquisition of 10 veterinary practices
Discover how Elliott Davis's financial due diligence helped a national veterinary service provider assess a potential transaction, uncover risks, and validate financial forecasts. Learn how in-depth earnings analysis, tax evaluation, and IT diligence enabled informed decision-making and negotiation.
March 29, 2023
Helping a manufacturer identify over $1.2M in job credits
Learn how the Elliott Davis State and Local Tax (SALT) team helped a boat manufacturer relocating to South Carolina uncover $400K in tax credits and secure a $215K refund. Discover how expert tax incentive analysis can maximize savings and future benefits.
March 28, 2023
Strategic decision-making supported through modeling
Discover how Elliott Davis's cash flow modeling helped a manufacturing business gain insight into future cash balances, optimize capital investment decisions, and benchmark performance. Learn how strategic financial planning enhances reporting and decision-making.
March 13, 2023
Top 8 cybersecurity trends for 2023
Strengthen your cybersecurity with these 8 essential changes based on real-world risk assessments. Learn how to update inventories, secure backups, implement MFA, and develop an incident response plan to protect your organization from cyberattacks.