Monetary dashboards deliver efficiency into focus by accumulating an important metrics and indicators in a single location. However when organizations construct their monetary dashboards from the bottom up, challenges typically come up. A major hurdle is making the proper design selections to create dashboards that drive profitable enterprise choices.

To beat this hurdle, it helps to include concepts which have already been carried out, evaluated, and improved on by others. With that in thoughts, now we have created a set of economic dashboard examples that actual customers depend on for efficient resolution making. Your dashboards don’t must look precisely like these, however you may draw on them for inspiration.

Accounts Receivable

The purpose of any accounts receivable dashboard is to spotlight delinquent accounts that require rapid consideration whereas concurrently revealing broader developments about income assortment. The dashboard in this instance lets customers bounce between geographic areas, immediately consider present efficiency, and make cautious choices about useful resource planning. It’s designed to do precisely what all good dashboards ought to: put all related knowledge and resolution making instruments in a single place.

Gross sales and Supply Efficiency

In this instance, you may see how a meal field supply service makes use of a personalized dashboard to trace its gross sales and supply efficiency. Tabs alongside the highest permit customers to rapidly break down gross sales by supply space, or in keeping with an advert hoc collection of standards. Dynamic components all through the dashboard additionally make it simple to drill down into the information to discover gross sales and supply efficiency intimately. By turning these metrics right into a devoted dashboard, this firm ensures essential monetary insights are usually not getting misplaced among the many remainder of the information.

Invoiced Income

The last word function of dashboards is to make knowledge accessible to customers throughout the group. That is an instance of how one firm created a dashboard to trace solely the quantity of invoiced income damaged down by time, location, or buyer. The dashboard condenses important data onto the primary web page, however customers have the choice to look behind the metrics on the root knowledge on which they’re primarily based. The data right here may have been integrated into one of many different monetary dashboard examples. As an alternative, this firm determined invoiced income required its personal dashboard. Nice dashboards present in depth data, however all with a standard function or focus.

Dynamic Dimension and Measures

In this instance, it’s clear how a dashboard with a simple design can condense quite a lot of data into actionable insights. This dashboard was initially created to provide customers a fast overview of essential monetary indicators like income and prices. Every a kind of indicators might be damaged down by time or area, and the ensuing data is displayed in a useful line graph for instance historic efficiency. With just a few clicks and a minute or two of examine, customers get a deep understanding of economic power up to date with the latest knowledge.

When reviewing these monetary dashboard examples, one factor is instantly obvious: There’s not one proper strategy to design a dashboard. The perfect method is to determine what customers want by way of knowledge and instruments, after which construct a customized dashboard with greatest practices in thoughts. So long as it will increase effectivity, productiveness, and understanding, it’s working no matter the way it appears.

After your dashboards are up and working, it’s as much as customers themselves to benefit from them. Learn to optimize your monetary dashboards by downloading our whitepaper: The right way to Drive Your Dashboards Like a Boss.