Xero —> Microsoft Power BI & Copilot
Since 2006, Xero has revolutionized financial reporting and accounting, making financial management easier for businesses. Over time, powerful add-ons have further enhanced its capabilities, creating massive value for clients.
Key Benefits of Microsoft Power BI with Xero:
Insightful Reporting: Quickly transform raw data into easy-to-understand reports and visuals
Real-time Dashboards: Power BI pulls data from Xero to generate dynamic visualizations and dashboards that update automatically as your business evolves.
Microsoft Power BI Dashboard
Enter Co-Pilot: The Magic Behind Instant Financial Analysis
Powerful Extension: Co-Pilot is an add-on to the Power BI desktop app, enabling the generation of comprehensive financial commentary with visuals—within seconds.
How It Works:
- Extract a Report from Xero: Pull an executive report or financial data.
- Upload to Co-Pilot: Attach the report to Co-Pilot and enter a prompt to specify the analysis you need.
- Ask Questions: Request further analysis or insights directly from Co-Pilot.
- Instant Results: The tool provides analysis almost immediately and allows for follow-up questions to refine results.
This process in action (6 Minute Video)
This is a significant time-saving tool, for company preparation and forecast, while also being a useable tool in real time between client and professional.
Using Microsoft Power BI & Co-Pilot Safely – Confidentiality
Client safety and anonymity always comes first and must be carefully considered when using any AI interface. More information on this, specifically in relation to Co-Pilot can be found here.