An Interactive Dashboard System for Budget Allocation Using Power BI

Abstract

This study's objectives are to develop a dashboard system for budget allocation using Power BI and to assess the effectiveness of the dashboard in presenting budget allocation data through Power BI. It was an adopted research sample of 50 individual executives, planning and budgeting officers, and concerned personnel from Suphanburi Vocational College. Purposive sampling techniques were used in collecting the sample. The research tools used were: 1.) Dashboard system 2.) Evaluation form Data were analyzed by calculating means and standard deviations. The results revealed that The designing of budget allocation dashboards With the use of Power BI tool has enhanced the efficacy of presentation and analysis of financial information. The system combined different sources of financial data and processed them to put complex traditional approaches into simpler formats in modern budget management. The system-enabled users to keep real-time monitoring and experiences in analyzing budgetary information. The overall evaluation of the dashboard system made by all staffs, including the executives, the officers on planning and budgeting, and other concerned personnel at Suphanburi Vocational College, shows that they are satisfied overall (x̅ = 4.45, S.D. = 0.46). The data also revealed that users find the system easy to use and the information visualization attractive to categorize both at very high rates. These findings indicate that Power BI really drives efficiency in budget allocation and also brings transparency into the organization's resource management process.