A business intelligence dashboard is an information management tool, that uses data visualisation technology to analyse and display information visually in a practical and useful way. It can be used across a multitude of functional areas within an organisation and is a useful tool for helping to measure performance in large organisations and in SMEs equally.
Purpose of a business intelligence dashboard
A business intelligence dashboard manages information by tracking data points that are important to your business. The dashboard gives you a consolidated view of all data from across the organisation on custom dashboards that deliver valuable insights into the whole business. You can see and analyse data, display the businesses key performance indicators (KPIs), to assess performance measures and generate actionable insights.
A good BI dashboard enables you to monitor and measure business performance and metrics. BI dashboard tools provide real-time centralised access to users allowing them to interact with and evaluate information, helping them to make smarter, data-driven decisions.
Benefits of a BI dashboard
A BI dashboard is an easy-to-understand, visualised summary of data analysis that provides an at-a-glance overview of multiple areas of the business. There are many significant benefits of implementing BI dashboards into your operations including:
1- Enhanced Visibility
2- Timesaving Efficiency
3- Better Forecasting
4- Key Performance Indicators
5- Inventory Control
6- Real-time Customer Analytics
7- Better Decision Making
Do you have your business intelligence dashboard?
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