AI and the Future of Financial Modelling

AI and the Future of Financial Modelling Financial Modelers spend most of their lives thinking about the future and imagining different scenarios for their clients. But what about the future of financial modelling? Can Artificial Intelligence Replace the Modeler? There are some modelers who predict that artificial intelligence (AI) and machine learning will eventually become [...]

VLOOKUP and INDEX MATCH

VLOOKUP v INDEX MATCH - You decide Let's think of VLOOKUP as a screwdriver and INDEX MATCH as a power drill... wait...wait.... I'm not saying INDEX MATCH is faster than VLOOKUP that isn't what this analogy is leading to. If  I need to screw something together I just pick up the screwdriver and hey-presto done.  [...]

Percent of group in Power Query

Percent of Group in Power Query (plus an Excel Table version) Power Query saves you days of time manually manipulating messy data. This leads to improved productivity and efficiency. A quick tip to save you time is to generate a % of group total. It's relatively straightforward in Excel, but it's trickier in Power Query. [...]

Connect to files on OneDrive and Sharepoint

Connect to Excel files using Power Query Power Query can connect to Excel files held in OneDrive for business and in SharePoint. But it's not obvious how. Whether you use Excel or PowerBI this approach will work. Also, for a pure  "M" code approach to SharePoint you can use something like this to get your data [...]

Letter to the CFO – Key decisions for a more efficient business

Dear CFO / CIO, I am writing on behalf of your office staff - they need your help.   There are FOUR decisions you can make today that will make your business a more efficient and a more engaging place to work. 1. Commit to providing regular training for your staff Picture a scenario where a [...]

Remove all errors with Power Query

Are you experiencing an issue when unpivotting Excel data? Unfortunately as soon as you try to Unpivot a table of data containing a #DIV/0 or #/NA you get a very strange warning.... "The operation failed because the source databases does not exist, the source table does not exist, or because you do not have access [...]

Vote for the Excel and Power BI features you want

Microsoft UserVoice We all want to make Excel and Power BI better. There are new features we'd love to see, and there are existing issues we'd like to fix. Microsoft are listening to users expressing their views via voting on the UserVoice sites. Vote for the features you want A number of experts (including our [...]

Download your own Power Query Calendar

Every Excel Power Pivot Model or Power BI Desktop file needs a Calendar. With the addition of a Calendar to your Data Model you can start to do all sorts of useful analysis such sorting the data by Fiscal month and Fiscal Year or performing calculations such as TotalYTD, Year On Year Growth, [...]

Free yourself from using formulas

Power Query is the greatest addition to Excel in 10 years, it's amazing at extracting and transforming data ready for you to use in a report. In this two minute video we show you how easy it is to extract the data you need without using any formulas! Find out more Extract and clean your [...]

How to pull exchange rates from a web page into Excel or Power BI

This 3 minute video shows how easy it is to link to web page data with Excel. In this scenario it's connecting to the Reserve Bank of Australia exchange rates web page. Get & Transform is built into Excel 2016. It was previously known as Power Query and is still a free download for Excel [...]

Excel and Power BI – From the Microsoft Studios

Excel and Power BI are amazing analysis and data visualisation tools. Knowing what's possible is just the beginning. You can see the possibilities in this video recently recorded at the Microsoft Studios in Seattle. The speed of change and capabilities of Excel and Power BI are dizzying. The benefits of learning these technologies will save [...]

Excel or Power BI – where to start?

Excel or Power BI - where to start? So... Excel has Power Query and Power Pivot built in. Power BI uses the same technology.  So which one should you learn first? I say which should you learn "first" because if you learn one it's a relatively small step to learn the other 2 Questions: 1. What's your aim? [...]