Question

Does Smart Narrative in Power BI support summarizing data in financial reports?
I’m creating financial dashboards in Power BI and want to use Smart Narrative to automatically generate contextual insights from key metrics like revenue, expenses, and profit margins. Does Smart Narrative support accurate summarization and explanation of numerical trends in financial reports, and how well does it handle complex measures?

Answer 1

Yes, Smart Narrative in Power BI does support summarizing data in financial reports, and it can be a powerful tool for automatically generating contextual insights from financial metrics like revenue, expenses, profit margins, and other KPIs. It works by analyzing the visuals and measures on a report page and then generating natural language summaries that highlight key trends, changes, and comparisons.

For financial dashboards, Smart Narrative can:

• Summarize numerical trends such as increases or decreases in revenue over time.

• Highlight key contributors to metrics (e.g., top-performing regions or products).

• Explain variances in KPIs, including year-over-year or budget vs. actual comparisons.

• Support dynamic updates based on user-applied filters or slicers.