A dashboard is a business intelligence tool that offers a peek at the key performance indicators (KPIs) and other metrics relevant to a particular objective or business process displayed on a single screen. It is a graphical user interface that lets business leaders track, analyze, and delineate their business processes’ relevant KPIs and metrics. Gartner defines dashboards as “a reporting mechanism that aggregates and displays metrics and key indicators so they can be examined at a glance by all possible audiences. Dashboards help improve decision making by revealing and communicating contextual insights into metrics to display indicators with intuitive visualization, including charts, scales, gauges, and traffic lights that show indicator progress toward defined goals.”
Modern dashboards are interactive and have the capabilities to combine and analyze data from multiple sources, including the data within the dashboard itself. A kind of data visualization tool that can be configurable to suit your custom needs. A dashboard mines information from a linked database to provide relevant business intelligence inputs on the exact kind of data you want, in whichever form you need it, be it charts or graphs.
So, why are dashboards important in today’s digital workplaces?
Well, dashboards serve to monitor performances and prepare reports in addition to setting estimates and targets for future tasks. Digital transformation backed up by advanced technologies has enabled businesses worldwide to use company dashboards to maintain analytics successfully. They leverage analytics to identify trends, measure efficiencies, and pinpoint data outliers and correlations while providing an at-a-glance view of all systems, campaigns, and actions.
Yes, dashboards provide access to functions and information critical to your business operations. Communication boards will be your go-to tool if you are looking for a data visualization tool tailor-made to suit your business needs. Dashboards help run your business operations well, but Communication boards help you run them better.
The sophisticated Communication boards of the InfinCE digital workplace platform would help accelerate your business growth by improving your business efficiency with various tiles for enhanced visibility and productivity.
Business leaders make decisions based on data across multiple departments and cross-functional teams, which would require them to go through the laborious process of signing in to multiple systems, opening the endless number of spreadsheets to run reports, and managing multiple folders, notes, and emails. This is where an efficient service provider like InfinCE comes in handy by helping you create your Communication boards. In a better world of communication board, the sophisticated user interface would offer you the data of your numerous business activities at your fingertips, depicted graphically in a well-organized and uncluttered manner.
Agree there is umpteen number of off-the-shelf dashboard solutions that cater to a wide range of businesses. But, as the goals and objectives of companies differ, availing the help of a service provider like InfinCE to create your own dashboard configured to meet your exact specifications and designed exclusively ‘for your business would help you run your business operations much more efficiently than going for a standard off-the-shelf dashboard app meant just for ‘your line of business in general. A personalized dashboard would help your company create a unique space to visualize its data in ways that would help its growth, as different from standard reporting. In short, custom analytics dashboards would help optimize your business operations to ensure sustainable growth.
Custom business dashboards help decision-makers glance through relevant data and help them make informed decisions at a faster pace, and optimize their business operations in more ways than one. Let us have a look at a few of them.
1. Draws insights into your day-to-day business activities
A custom business dashboard offers deep insights into the performance levels of your business. As it sits on a single page, your Communication board has the capabilities to let you access the most valuable information on your business operations from a single hub, be it a mobile device or your desktop computer. They can help improve your KPIs and ROI and even integrate more business processes as you decide to scale up and quantify the results in real-time. The communication board feature on InfinCE digital workplace platform has the capabilities to extract information from multiple business apps and display it through pre-built tiles. The data thus displayed in multiple colors, charts, icons, and other graphs help you track projects and campaigns in real-time and evaluate their progress against goals set. In short, InfinCE lets you visualize your business performance with application tiles that display KPIs and other metrics relevant to your business operations. InfinCE is a data-powered business dashboard software that offers a smarter analysis of your business data and helps you make faster decisions.
2. Inculcates accountability
Custom business dashboards give a clear picture of the success of your actions. They can help your employees, both individuals and teams, work towards the accomplishment of goals and expectations already established. The customized organization, team, department, and personal dashboards of InfinCE are powered by a variety of application tiles that offer enhanced visibility, thus enabling everyone to see for themselves the KPIs in real-time.
Everyone gets to see the progress they are making towards the KPIs, letting them know the performance of their work and how it makes a difference to clients, teams, and the organization, thus ingraining a sense of accountability in the minds of employees and increasing their productivity. InfinCE Communication boards provide the exact level of transparency that befits your business operations and saves huge volumes of human efforts and time spent on generating reports manually.
3. Gets to control all systems at a single point
The multiple working components of your business operations require efficient management. A custom business dashboard offers you the liberty of incorporating your multiple business functions and their data in a single place wherein you can control and manage each performance from a single system. InfinCE solution streamlines the management functions of your business and helps you make informed decisions with the help of highly efficient and communication boards.
In a digital landscape where technologies keep evolving, businesses stand to gain huge growth and optimize their success by creating Communication boards as part of their digital journey. A custom business dashboard offers in-depth statistics and analytics on your business operations. At the same time, its multiple features help improve KPIs and ROI, increase your employee productivity, achieve goals set, and keep pace with the industry standards through automated reporting.
To know more about Communication boards and how they can help you get an overview of your business, contact our experts.