Businesses are creating and collecting much more data than ever before, but many still try to analyze operations solely by looking through pages of dull reports or maintaining spreadsheet upon spreadsheet.
Standard reports have their place for when you need to get into the details, but dashboards allow you to focus on specific and broad data that are displayed in visual measures. Dashboards have the ability to display trends that may be occurring, which is important for small and big organizations alike. Whether a trend is impacting your business negatively or positively, the faster it’s noticed, the better.
Dashboards give business owners the ability to make key decisions based on collected business intelligence rather than a single report. They provide an up-to-date view of the bigger picture.