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In: Accounting

5.what is a Digital Dashboard? How does it benefit the business?

5.what is a Digital Dashboard? How does it benefit the business?

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Expert Solution

Answer    A digital dash board is dashboard which displays all key indicators of a firm as graphs and charts on a single screen to provide one- page overview of all the critical measurements necessary to make key executive decisions. This is a tool who support to visualization which collect and provide information on a single dash board for user information relating to KPIs and CSFs. It is an overview of our system at glance.

Benefits of Digital dash board to a business organization-

1.            Customizable- This can be customized in term of users and expectations. Each decision level dashboard can be customized to present the most valuable and useful set of information. A business can customize it as per his requirement.

2.            All-in-one - In the past users would spend large amount of time reviewing and analyzing different reports to end in final conclusion. This tool allows to see at a glance, an overall situation report of the desired information. Business can take important decision from this all in one information tools.

3.            Drill into detail- This tool also provides detailed information as required by simply selecting the desired variable or object. Business can see detail information of each variable by single clicking on that.

4.            Intuitive data presentation- There is no need for complicated and exhaustive training. Dashboards are design to be intuitive to any user. The graphic design allows an easy and smooth navigation throughout the information. Business can easily understand information of all variable through graphs and charts.

5.            Mobile device accessible- Most dashboards software are programmed to suit any mobile device. The idea is to reach anywhere, to everyone, in a timely manner with the most accurate information.


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