Reporting dashboards consolidate and organize data generated from different analytics solutions in one centralized system. You can view key information about your business performance on a clutter-free and customizable dashboard, allowing you to keep the most important information always in view. Read the full software guide...
Product recommendations, vendor rankings, market overview and tips on how to select Reporting Dashboard software for business. Published in October 2018.
Reporting dashboards consolidate and organize data generated from different analytics solutions in one centralized system. You can view key information about your business performance on a clutter-free and customizable dashboard, allowing you to keep the mo...FREE DOWNLOAD THE-ULTIMATE-Reporting-Dashboard-Software-Buyer-Guide-2018.pdf
Reporting dashboard software is used for data visualization purposes. It displays the status of key performance indicators and metrics used in a business. Dashboards consolidate quantitative information such as performance scorecards and financial figures all on a single display.
Some reporting dashboard solutions are modifiable, making them flexible affairs that can be used by various departments within a company and even individual personnel who have specialized tasks. In addition, most dashboards have the capacity to obtain real-time data from multiple sources. As such, reporting dashboard software gives users the ability to proactively define strengths, weaknesses, and bottlenecks in ongoing projects.
Dashboard type is defined according to the use of the dashboard and the job functions within the company that it complements.
Operational dashboards, in general, give users an idea of what is happening on the operational/implementation level. These software products are agile and have the capacity to match the fast-paced operations of teams like customer service and sales.
In finer detail, operational dashboards monitor the fluctuations of key performance indicators and other mercurial operational figures of a company. They are designed to handle simultaneous user logins to monitor the progress of targets on a daily basis.
Strategic dashboards are provided for executives and managers within a company. The data monitored by this type of software is less frequently updated than data monitored by operational dashboards. These software programs allow executives to determine the progress of KPIs within the organization from a macro-level perspective.
Analytical dashboards are used to analyze raw data obtained from operations. This software provides outcome predictions, trend analysis, and other insights. Advanced features such as ad-hoc and drill down querying are included in the software package.
KPI measurements are oftentimes included as a feature in some dashboard software. However, KPI-dedicated dashboards allow managers to focus on analyzing the progress of key performance metrics. These software programs are able to determine sales growth, analyze marketing campaign effectiveness, and determine the financial standing of a company.
Website dashboards allow website owners and managers to determine the performance of their online marketing strategies. Metrics and visualizations are provided in a website-dedicated dashboard to monitor its web traffic movement. Users are also given the capacity to integrate external sources to the dashboard.
Service widgets such as Google Analytics, Pingdom, GitHub, and Chartbeat can also be integrated into website dashboards. This is in addition to social media monitoring capability features that are provided to the users.
Below are some crucial features that you should check for when purchasing your company’s reporting dashboard software:
Quality dashboard software programs typically allow users to modify the interface for easier data perusal. This cuts clutter and lessens visual stress. In addition, the customization itself should be easier to perform. Check also if the program has a drag-and-drop interface. This allows users to easily pick and move unnecessary elements and data from the dashboard.
The software should give users the capacity to choose the color of the data charts and the GUI’s font style. This allows companies to match the style used by the business during presentations (especially useful in sales pitching).
The program should also be capable of being integrated into a cloud. With this feature, users can collaborate with each other online. This also takes into consideration that most of the data inserted into the system come from cloud-based sources. When opting for cloud-based software programs, however, the storage capacity should also be taken into consideration.
In addition to choosing cloud-based reporting dashboard software, users should also take into consideration all collaboration tools integrated into the system. Current users should have the capacity to leave comments, schedule reports, share key metrics, and notify program members.
The reporting dashboard software should be capable of keeping up with the speed of transactions and mobility of the users involved. Having software that is mobile friendly should also be your primary consideration. Data should readily be presented in a mobile-friendly format.
The reporting dashboard software (especially the operational dashboard) should be capable of processing mixed and raw data from multiple sources. However, not all data will be important in the analysis. Thus, it is imperative for the software to perform data filtering before actually converting data into a useful form. The software should also be capable of determining the possible existence of correlations among sets of data.
While it makes sense for reporting dashboard software programs to provide summarized and processed data, the software should also be capable of providing all drilled-down data from them. This drilled down data provides insights into the formulas used and raw data processed to arrive at a particular figure. It ensures users of the accuracy of the data itself and the subsequent data processes performed.
It is highly imperative that reporting dashboard software is capable of obtaining data from MS Excel files. Many small businesses use Excel files when storing their data and figures. In addition, the dashboard should also be capable of exporting data to Excel and able to transform it into PDF file format.
For desktop-based dashboard software, users should choose programs compatible with their computer’s operating systems. This ensures smooth implementation of the program on a company-wide scale. If the available software program is not compatible with the existing OS in use, the program developers should be capable of providing support without additional cost.
It is a known fact that the cost of the software depends on the number of users a system can accommodate. The capacity size of each program should be considered, especially when the software solution demands additional costs for each additional user.
|Analytics||Analyze and gain insights from data including web traffic, campaign conversions, sensoric output and more.|
|API||Application Programming Interfaces (APIs) are programmatic intersections with external products or platforms that allow for custom integrations with your own solutions or other solutions you are using.|
|Calendar Management||Manage and update calendars for scheduling or consolidation of events across teams, departments or business functions.|
|Dashboard||Dashboards are digital interfaces commonly used to visualise data or give quick access to important features and functions of online platforms. They often serve as an overview gateway in software applications.|
|Data Export||Exporting functionality can be used to streamline the migration of data sets and information across systems, platforms or applications.|
|Data Import||Importing functionality allows you to use data sets from other systems or platforms to cut down on data entry requirements or to more easily migrate records from similar applications you have used in the past.|
|Data Visualization||Data visualization features render a visual interpretation of data sets through the use of charts, infographics and other visual cues generally in form of a reporting dashboard.|
|External Integrations||Integrations with other software products or platforms to improve efficiency and compatibility across systems.|
|Forecasting||Forecast upcoming expenses, sales, revenue, user levels, etc. through the use of predictive methods and past data.|
|Multi-User||Supports more than just one user account and generally allows for collaboration with colleagues.|
|Notifications||Includes notification support and sends you alerts with information on important events and other time sensitive instances. For example through push notifications on mobile phones or email notifications.|
|Scheduling||Schedule tasks, resources, appointments, payments, communications, etc.|
|SEO||Search Engine Optimization (SEO) refers to the process of producing content or optimizing and promoting webpages to improve their ranking on search engine results pages (SERPs).|
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