Best Practices: How do we leverage Power BI in managing an R&D study?

Power BI is a Microsoft product – the BI stands for business intelligence. This interactive software allows users to drill deep into their data to visualize data points, create scenarios, and interact with reports to create dashboards and analytics.

With the correct setup, the click of a button allows users to see the progress of an R&D study quickly. Trackers can be created to view SME progress, and users can filter specific areas to document projects, prioritize specific SME follow-ups, and build QRE views into dashboards to summarize data by business components, departments, and locations. As part of the Microsoft suite of products, Power BI is relatively easy to implement with Teams, Excel, and PowerPoint. If you want to learn how Power BI can work for your R&D study, contact MASSIE today.

Disclaimer: The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation.

John Hoang, CPA

As Director of Tax Technology at MASSIE, John plays a pivotal role in revolutionizing the approach to R&D tax credits. He specializes in providing clients with innovative and forward-thinking technology solutions for their R&D tax credit c...