How performance dashboards can drive success

Friday, October 13, 2017

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First things first, let's be clear about what we mean by dashboards. Performance dashboards communicate status, evaluate progress and justify business decisions. They usually fall into three main categories: strategic, operational or analytical.

 

  • Strategic dashboards: provide the big picture on the health of a company: e.g. revenue trends, sales opportunities or profitability per product category.
  • Operational dashboards: display more process-focused information such as outstanding invoices, upcoming purchase payments or maximising production rates.
  • Analytical dashboards: may be strategic, operational or tactical but include more predictive, prescriptive and deeper insights that would otherwise be hidden.

Information overload

As businesses continue to generate more and more data, it can present a couple of major challenges. First, how do you manage large volumes of information in an efficient way? And second, how can you effectively leverage that information? Exact is currently working on a new development to help.

Help is at hand

Exact are making My Dashboard far more intuitive and easy to use. By the time we're finished, it will allow you to gain insight into every aspect of your business by selecting from a range of customisable KPI widgets including CRM, financial, sales and purchasing. And next year they plan to make that list even longer to include manufacturing, wholesale distribution and professional services.

Want to know more about Exact and how Elementary Business Solutions can help your business Get in touch with Paul today on 07535 260 723 or paul@elementarybsolutions.co.uk

 

Who is Elementary Business Solutions?

Elementary Business Solutions is an Exact Certified Partner, our technical business consultants have all been through the rigorous certification programme to ensure that they not only understand the Exact software solutions but, also understand how it can help your business reap the benefits.

 

What makes Elementary Business Solutions different?

Whether it’s Exact for Accounting, Time & Billing, Project Management, Wholesale Distribution or Manufacturing, the transition from implementing your new software to establishing a process where you are confident in being able to use it is crucial. We will work with your company and act as problem solvers, trainers and mentors to ensure your business reaps the benefits that your all-in-one integrated software solution can provide. We put in place the tools that will deliver lasting change and equip your business with what it needs to grow. This in turn will provide your business with a more efficient process of working, allowing you and your workforce to focus on the more important tasks at hand.