Corporate Dashboard is a business monitoring and measurement tool that visualizes the performance of a company. It gives an accurate and timely picture of business activities so that managers can use this data to carry out business analysis, detect issues, and make more informed business decisions.
Just like any other kind of dashboard, corporate dashboard uses key performance indicators (KPIs) to deliver business-critical data to decision makers for further analysis. Traditionally it uses specific KPIs to display the performance status of each department or division in an organization. That’s why corporate dashboard can be presented as a series of department-level reports that explore performance metrics per company division.
Managers and executives use corporate dashboard reports to identify performance issues and adjust their business plans. These reports display the following data:
- Finance, including profit margins, losses, expenses, ROI, etc.
- Sales, including revenue, commissions, bidding, etc.
- Stock, including inventory obsolescence, stock turnover, holding costs, etc.
- Human resources, including wages, individual performance, labor turnover, etc.