What is dashboard reporting?
A dashboard gives you a visual summary of business data, often at a high level. Dashboards are popular as they enable you to see several KPIs at once. According to an article in Business week “The dashboard is the CEO’s killer app. A must have, making the gritty details of a business that are often buried deep within a large organization accessible at a glance to senior executives “.With dashboarding, key changes in business metrics are instantly visible to managers, enabling them to make the necessary changes with impressive speed.
Thanks to web technology and Business Intelligence it is more possible than ever before for executives to keep a finger on their company’s pulse, by seeing the whole picture of whatever KPIs they need to monitor, although there is no set format, a typical executive dashboard might contain various pie and bar charts and a spreadsheet-type analysis. Other popular elements include maps and gauges (shown above). Dashboard design is not always straightforward and should encompass readability, interest, and of course – relevant KPIs.
Producing a KPI dashboard might involve the following elements :
- web based reporting
- KPI score carding
- Personalized portal page
- Data collection in a Data Mart
You can store and monitor any number of KPIs using a dashboard system – the only limitation is your imagination, and the information available through your data collection (KPI-Key Performance Indicators)
What you need?
An executive dashboard is, in effect, the end of a complex chain of information-gathering and delivery. Data will probably have to be gathered from various sources into a Data Warehouse or operational data store and delivered overnight or on a regular basis (although new in-memory systems such as QlikView can produce dashboards without the need for a purpose-built data warehouse). KPIs will usually need to be calculated. The various components of the dashboard (charts, spreadsheets etc) will usually need to be created. And of course the dashboard will have to be designed and delivered.
Once all this is done, however, the benefits can be enormous. Dashboarding as a way of presenting information is catching on fast.
Key Benefits of deploying Somex Software Services Dashboard Reporting
Enables Rapid & Informed business decisions
- User-defined, interactive reports with embedded analysis capability
- Instant snapshots of business parameters with dashboard-style presentation
- Real-time analysis and drill-down of report data to suit dynamic business situations
Significantly enhances Business User & IT productivity
- Self-service report creation & analysis for users without adding IT overhead
- Empowers end-users to instantly meet their dynamic information needs by rapidly creating & viewing multiple representations of the same data using widget / dashboard layouts
- Saves 80% of report creation time
Virtually no IT overhead
- Saves 100% of ongoing report maintenance time & effort
- Low TCO with minimum IT intervention and little or no training Rapid ROI
Real-time, interactive dashboard reporting :
To manage today's dynamic business situations, business users need the ability to control the visualization and analysis of their data in real-time. Traditional reporting tools are good for static reporting, but are not interactive and cannot provide real-time business insights to users. Today, dashboard reports are a must for executives and business managers to stay on top of their activities and progress. Dashboard tools provide users an at-a-glance perspective of the business scenario. Dashboard reports help business users consolidate key performance indicators to monitor critical issues and assist in identifying areas that need immediate attention.
Somex Software Services dashboard software allows business users to visualize their data in a way that enables them to effectively monitor business performance without adding to IT overhead, and with little or no training. Somex Software Services empowers end-users to create, interpret and extend their dashboard reports and analyze report data in real-time.
Somex Software Services offers user-level customized dashboard reporting, and real-time analytics. With Somex Software Services dashboard software business users can instantly access, analyze and drill down through a wealth of information for effective decision-making.