What is a Business Dashboard
Understand the concept of a dashboard and its role in visualizing and communicating business performance.
A business dashboard is a powerful tool that provides a visual summary of key performance indicators (KPIs) or other important data points. It transforms complex datasets into at-a-glance views, helping leaders understand their team's performance and guide strategic decision-making. Today, many businesses use a multitude of tools and apps to run their operations, and a dashboard software like Numerics can unify metrics from across these tools into sharable dashboards, offering a comprehensive view of the business.
How Does a Business Dashboard Work?
Through automation and logic, a business dashboard aggregates data from multiple sources and visually displays it in real-time. This is typically done through graphical elements like charts, tables, gauges, and other indicators that are easy to interpret. Just as a car dashboard allows a driver to quickly understand important information about their vehicle's performance, a business dashboard offers clarity and visual cues to facilitate effective action.
Why Use Business Dashboards?
Business leaders rely on dashboards to monitor the health of their operations. Dashboards offer several benefits:
Visual Story: Dashboards present data in a visually summarized format, making it easy to understand and share with other stakeholders.
Real-time Data: Dashboards are always "on," meaning the data you're viewing is always up-to-date.
Efficiency: With the help of automation and logic, you can access the right data when you need it, without spending days or weeks preparing reports.
Aggregation: By pulling in data from multiple sources, dashboards allow you to make decisions based on the "whole picture."
Alerts: You can set up notifications to alert you of any negative trends that require attention.
Types of Business Dashboards
There are several types of business dashboards, each designed to serve specific purposes and needs:
Strategic Dashboards: These dashboards monitor the status of key performance indicators and are typically viewed by executives once a day.
Operational Dashboards: These track business processes that frequently change and are viewed multiple times in a day.
Analytical Dashboards: Also known as business intelligence or BI dashboards, these are used to track trends and discover insights.
Choosing the right type of dashboard depends on who will use it and for what purpose. Different users have different needs, and the right information, presented in the right way, for the right audience, facilitates the insights that drive good decisions.
Numerics: A Comprehensive Dashboard Solution
Numerics is a business dashboard software that allows you to design, track, and communicate your KPIs in live dashboards. Its key features include:
Integration: Numerics connects with over 80 SaaS tools, apps, and spreadsheets, and offers an API for custom integrations.
Easy to Use: With 3000+ KPI templates, users can create dashboards in a few taps or clicks. No code is required.
Security: Unlike competitors, Numerics is a 100% native client-side app design. All connections, computing, and storage happen on the user's device, ensuring the utmost security.
Sharing and Collaboration: You can share and collaborate on KPI dashboards with others using secure iCloud sharing and Collaboration for Messages.
Device Compatibility: Numerics offers a tailored dashboard UX for the iPhone, iPad, Apple Watch, Apple TV, and Mac.
Whether you're a business owner, a manager, a data analyst, or any professional who relies on KPIs to track their business metrics, Numerics offers a user-friendly and secure solution to help you make the most out of your data.
While many software solutions come with pre-built dashboard options, they often have limitations in terms of what data you can connect and how it's displayed. That's why leaders often choose custom dashboards that meet their specific needs. Numerics, with its easy-to-use interface and broad integration capabilities, is a powerful tool for building customized business dashboards.