Budget holder dashboard
using PowerBI
Airedale NHS Foundation Trust, North East and Yorkshire, Acute
The problem
The Management Accounts team needs to engage with the budget holders using the most user-friendly and efficient outputs because otherwise they can become overwhelmed with documents and information which can lead to disengagement and a lack of control of the financial position.
The challenge
How might we empower the budget holders so that they engage with the depth of financial information available and support them to identify waste reduction?
The outputs
The tangible products that came from the innovation was:
- Easy to update files
- Detailed trend analysis
- Ease of use for end user
The outcome
The benefits to the organisation because of the innovation as a result of the innovation were that less time was spent by Management Accounts putting together data from various sources. The budget holders are more willing to engage with their financial figures irrelevant of their level of understanding of finance. A lot of data is available in one place and makes extraction easier.
The Innovation
Read the full innovation on the budget holder dashboard using PowerBI
All the documents and resources relating to this innovation can be found in the downloads section at the bottom of the page.
Read now
What the peer-reviewers said
“I think this is a great innovation and can testify to the power of using these kinds of dashboards for a multitude of different datasets, not just financial.”
“It is a good innovation that links to the strategic theme of NHSX and finance community to maximise use of data to inform strategic decision making.”
“I think this kind of reporting also empowers finance teams and frees up their time to focus on bigger issues in the organisation rather than manually manipulating data and creating reports.”
Get Involved Today
Become a peer reviewer
The Innovation Programme would like to receive applications from individuals who have an interest in appraising NHS Finance Innovations.
Apply now
Submit problems or ideas
In order for the Forum to be able to allocate its resources in worthwhile areas for the benefit of NHS Finance we are crowdsourcing ideas and problems for assessment, research and development.
Share now
Submit your own innovation
Have you developed an innovation that’s delivering value to your team? Don’t keep it to yourself, submit it to our Innovation Programme.
Submit nowDownloads
Here are all of the documents and resources related to this innovation