A business intelligence dashboard is a data visualization tool that provides in a glance views of KPI and metrics that are relevant to an objective or business process (eg sales, marketing, human resources, production…).
Traditional Performance Measurement tools based on cost accounting are not the best for evaluating performance and assessing risks. Business Intelligence tools offer a Dashboard system that is centred around business objectives. This enables decision makers, managers, as well as other staff to adopt a proactive approach.
The data collected can be presented in detailed or summary format, depending on the user profiles. Knowing exactly what is happening in a company in the current economic situation of a strong increase in competition, financial risks and reduced margins, has become vital. Thanks to Dashboarding, decision makers, managers, as well as other staff can quickly put proactive measures in place.