The Microsoft power platform is a set of tools and services rolled out by Microsoft to enable organizations to transform their operations and drive their digital transformation. It is a no-code/low-code set of applications and services which can help an individual create custom applications, automate workflows, virtual agents or built chatbots, custom visuals and analyze data without the need of extensive coding. This also help in embracing digital transformation and complete the work with more efficiency and deliver value to their shareholders.
At its core, there are four main Power Platform services which are listed below:
This is the power platform’s business analytic tool. It will help a user to interact and consolidate data and derive insights. It is extremely helpful in sharing and promoting insights across the organization and you can infuse those insights in making informed decisions regarding the business through reports and dashboards.
Through Power BI one can consolidate and interact with large data for teams to glean insights make real time decisions because the managers can monitor real-time performance and will make the process more optimized and minimize downtime.
With Power BI the individuals and teams within the organization can easily share the reports and dashboards
Power Virtual Agent (PVA) allows you to build intelligent chat bots and virtual assistants to interact with the users naturally. It can do everything that a human can more smartly. It can seamlessly help the user with their problems whether it’s a simple or a complex one.
With PVA you can enhance customer support because through chatbots you can provide instant response to a wide range of customers and increase customer satisfaction and loyalty.
This will decrease the cost as well because everything which needed to be done manually can now be done easily by a AI virtual assistant.
Analytics and Insights you can improve and fix bugs in the chat bots making the conversation more human-like and customer-friendly.
This is where the journey of custom applications begins. Through Power Apps, you can build custom applications with low or without code. This will enable individuals to streamline the process and help them consolidate data to make workflows more efficient.
Power Apps is time saving because it customizes apps without low coding saving hours of development time.
They are cost-minimizing because lowering the development time lowers the cost
Apps created with power apps are compatible with various platforms like mobile devices, tablets, and web browsers making them cross-platform compatible.
Power automation, formerly known as Microsoft Flow is all about automating processes and workflows. It reduces manual and repetitive tasks making the workflow more optimized and efficient. It also enables you to connect to different systems together, take the data and translate it. It also allows you automate and build business process across your apps and services that you have already deployed to put an end to the repetitive tasks one needs to perform.
It streamlines the process as it takes care of mundane and repetitive tasks and helps the employees to focus their efforts in crucial and productive tasks.
It enables you to design an intuitive, visual interface. One can connect to various actions and conditions to create an automated process.
Automation and compatibility with multiple services such as Microsoft, Outlook, SharePoint and more enable automated tasks across platforms.
Microsoft Azure App Services a suite of capabilities of dynamic 365 applications via the power platforms admin center. Listed below are the ways to include power platforms in the financial sector:
Global Contact management – With traditional financial software development, you may handle a small set of clients effectively. But when it gets increased, you need to reconsider the model. And that’s where Azure App with Power platforms comes into action. This blend helps you view your clients as accounts and not as individuals and act accordingly.
With Power platforms Dynamic 365 customer insights, they can build a more customer-centric model by enabling the company to build that can connect over 300 different data sources.
So that’s how Azure App and Power platforms integration helps your fintech firm simplify routine work. Contact us to adopt this strong combo to propel your financial firm forward.
Power Platforms combined with Azure are revolutionizing the fintech industry by providing robust tools that enable businesses to innovate, automate, and scale with ease. Through seamless integration, these platforms empower fintech companies to build custom applications, automate workflows, and harness advanced analytics—all while maintaining high levels of security and compliance.
By using Power Platforms and Azure, your fintech business can stay ahead of the curve, delivering superior financial services that meet evolving customer demands and regulatory requirements. The transformation is not just about technology — it’s about unlocking new opportunities for growth, efficiency, and customer satisfaction. Adopt this powerful combination to drive your fintech business into the future.
Power Platforms include tools like Power BI, Power Apps, and Power Automate. When used with Azure, they let fintech businesses build apps, automate tasks, and analyze data in the cloud.
They make financial services better by automating tasks, providing data insights, and creating custom apps that improve customer experience and cut costs.
No, it’s pretty easy. Azure has tools that help connect old systems with new apps without much hassle.
Azure offers strong security features like encryption and threat detection. When you use Power Platforms with Azure, your data and apps are well-protected.
Yes. Azure’s cloud setup allows your apps to grow as your business does. Power Platforms can quickly adapt to your needs without slowing down.
Power BI lets you visualize and analyze data. Combined with Azure’s data tools, it helps fintech companies make smart decisions based on real data.
Yes, it can save money. You only pay for what you use, so there’s no big upfront cost, making it a good option for growing businesses.