A company dashboard takes data from many sources and shows it as a digital field. It is an interactive tool that makes it easier for non-technical people to understand the information and interact with it.
The key to making a dashboard useful is to tailor it to your target audience and goals https://cobit-solutions.com/en/. This means choosing the right visualizations and displaying only relevant data.
Retail Sales Analyses
Retail Sales Analyses are a set of reports that help companies keep track of their sales and determine how well they’re doing. They can also be used to identify any problems or issues that may need to be resolved.
This sample showcases how a Power BI analyst uses a dataset to connect to company data sources and turn it into a dashboard for company executives and sales managers. It’s a beginner-friendly project that shows the value of using Power BI to translate sales data into meaningful business insights.
This dashboard combines multiple reporting areas, with tiles on sales, inventory, and POs to give a business analyst a quick snapshot of the state of the company’s sales. It also includes a number of other reporting areas that allow the user to dig deeper into the data as needed.
Cash Flow of Funds
The Cash Flow of Funds dashboard enables financial managers to understand their company’s cash inflow and outflows. This gives them a good picture of their current situation and helps them formulate strategies to increase the company’s cash.
The data underlying this dashboard is extracted from the company’s finance system and processed within the Power BI System. It includes data such as cash inflow, sales, and expenditures, as well as the conversion cycle of investments, inventory, and resources into cash.
This information is very important in setting up a loan or ensuring that you can pay a supplier for goods delivered to you. It can also help you decide whether to use a short-term deposit instrument or other funding alternatives.
This dashboard provides a real-time consolidated view of the company’s cash position, both actual and forecast. This allows a business to see its liquidity position on a daily basis and to analyze this data in an intuitive way.
Factor Analysis of Sales
Sales dashboards are a common tool in modern sales management for monitoring and drawing actionable insights from metrics and KPIs related to sales performance through visual representation. They can be used by individual team members, managers, VPs and executives to make data-driven decisions for their businesses.
The first step in building a dashboard for your company is to understand how the dashboard will be used by its users. For example, will sales reps use it to track their progress toward their monthly quota? Will managers see the top-performing reps for the quarter?
Depending on who you want to target with the dashboard, it may be best to choose one that includes both activity-based and result-oriented metrics. The goal is to give each user a complete view of their sales progress without overwhelming them with reports.
In addition, consider any customizations that you may need to make for the dashboard. For example, you may need to add some charts and graphs to display the data.
Retail Efficiency
Retail efficiency is about delivering a seamless, omnichannel experience to customers. It’s the ability to offer shoppers a human connection that they can’t get anywhere else, and it can be the key to a profitable company.
Using data to improve operational efficiency is crucial in the retail industry. Gathered information can help you allocate your staff, increase customer satisfaction, and drive sales.
A good dashboard will help you keep track of many different performance metrics, which can be grouped into Key Performance Indicators (KPIs). It will also make it easier for you to make important business decisions, which will ultimately result in a higher revenue and profit.
In a challenging retail environment, it is vital to boost sales and control costs. A retail KPI dashboard will enable you to see all your sales metrics in one place, and will be an effective tool for identifying consumer patterns, improving stock management and lowering the rate of returns.
