A business dashboard is designed to provide snapshot data of the organization’s performance, so the business owner can get a sense of current activities. Dashboard are unique for each business depending on what metrics is deemed important to the organization. For a small business owner, keeping track of outstanding invoices or open quotations gives a quick update on the cash flow to come and the business opportunity.
The dashboard takes data input from different users and collates these in realtime to provide useful information to the business owner to make better decision withut having to seives throught the business data itself. For example, the owner of a distribution business may want to see the top 10 products sold by his business based on quantity. This will help the business owner with its stocking policy.
These are 10x reasons why using a dashboard can be valuable for your organization:
1. Data Visualization:
Dashboards provide a visually engaging way to represent data, making it easier to understand complex information at a glance.
2. Real-Time Monitoring:
Dashboards can display real-time data, allowing users to track key metrics and make informed decisions in real time.
3. Centralized Information:
Dashboards consolidate data from multiple sources, offering a centralized view of information, which streamlines decision-making.
4. Performance Tracking:
Businesses can monitor key performance indicators (KPIs) and track progress toward goals, helping to identify areas that need improvement.
5. Customization:
Dashboards can be tailored to specific needs, allowing users to display the data that is most relevant to them.
6. Efficiency:
Dashboards save time by eliminating the need to manually gather and analyze data from various sources.
7. Data Insights:
Interactive dashboards often include features like filters and drill-down capabilities, enabling users to uncover deeper insights.
8. Decision Support:
Dashboards provide valuable insights for making data-driven decisions and solving problems more effectively.
9. User-Friendly:
Modern dashboard platforms are typically user-friendly, making them accessible to individuals with varying levels of technical expertise.
10. Communication:
Dashboards facilitate data communication and reporting, helping teams and stakeholders stay informed and aligned.
11. myOCM dashboard
Our admin software standard dashboard is built to provide metrics on open quotes and pending invoices. You will also get with our standard build, the number of products in stock, stock valuation, number of SKU and number of customers.
With our standard build dashboard, you can decide what metrics are accessed by which employee. This means you can tailor the user’s view to concentrate on metrics specifically related to their tasks.
