The executive dashboards are computer interfaces which include the key performance indicators that help an enterprise to function effectively. In IT, the concept of executive dashboards describes a graphical user interface which helps in presenting and organizing the pieces of information more effectively, in order to be easy to interpret its meaning. The most important aspect of executive dashboards is based on the fact that it serves as a beginning point of getting a sense of the big picture before going into more details. The most essential features of executive dashboards are represented by a graphical display, a logical structure for an easy access of database, useful information from a number of resources and different displays which can be organized according to the customerís needs. Concerning software integration, it represents the software which combines the most important functions of software applications into a single one.
Executive Dashboards are some very helpful instruments which are used by many companies so they can detect more easily the conditions and the results of their productivity. Before choosing the right executive dashboard, it is advisable to search thoroughly and see which one is best for your business. The executive dashboards permit the users to personalize the display of the database. Moreover, these useful instruments can help you determine the manufacturing statistics and the sales figures, in order to have a clear picture of the company. This aspect is mainly important for those companies which are looking to get an improved profit of their business.
In order to choose wisely the executive dashboards for your business, it is advisable to take into consideration these aspects: scalability, financial reporting, predictive analytics, visualization and unlimited access to data. First of all, choosing executive dashboards which are characterized by a flexible range of scalability is someway mandatory. To be more specific, as your business solutions increase, itís essential to have an expanded capacity for the development of your business dashboard. Second of all, the financial reporting refers to using clear templates for a better understanding the profits and the loss statements. Your data analysis should always reflect the truth about your business, in order to avoid legal issues. Then, the third aspect which is worth mentioning here describes the predictive analytics. There are many businesses that plan future projects according to past data. So, pay attention to go for predictive analytics measurements, like all sorts of algorithms and sophisticated formulas in order to analyze the patterns and the trends of your business productivity. Moreover, it is important to have some clear visualization mechanisms, like graphics and charts in order to make your data understandable for every visitor. Lastly, it is important to have an executive dashboard which can be compatible to older systems.
Software integration is another important mechanism which is used by a large number of companies in order to take care of their operations and of the specific units of the business. Software integration is mainly used when the source of information is identical and can be used in different process with a wide variety of purposes. For example, software integration solutions can be found in different contexts like: check book, point of scales, accounts payable, rental accounts, accounts receivable, retail inventory or customer tracking.