Financial Reporting
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bi dashboard

B I D A S H B O A R D

What is a bi dashboard (business intelligence)?

A business intelligence dashboard is sort of data visualization tool, which will display all of the current status of metrics and key performance indicators (shorter- KPIs) for one enterprise.

Dashboards are used in order to successfully consolidate and to successfully arrange numbers and metrics. They are also sometimes used in order to consolidate performance scoreboards on just one screen. They may be tailored for a specific role and display metrics targeted for a single point of view or department but the essential features of a BI dashboard product include a customizable interface and the ability is to pull real-time data from multiple sources It is also important to note that sometimes business intelligence dashboards are often called enterprise dashboards.

There can be some confusion when trying to make a clear definition on BI dashboards, because some people can confuse BI dashboard with performance scoreboard.

What is the exact difference?

The exact difference between BI dashboards and performance scoreboards is that, in most cases, BI dashboard is only used to indicate a certain status at a specific point of time, while performance scoreboard, on the other hand, is used to display progresses, which are achieved over some time and the progress must be addressed towards specific goal.

Also, designs of BI dashboards and performance scoreboard are increasingly converging, which means that, for example, some commercial dashboard products can also include the ability to keep track of a certain progression towards a specific goal.

 

 

WHAT ARE COMMON VENDORS OF BUSINESS INTELIGENCE DASHBOARDS?

Nowadays there are two maybe the most familiar vendors that are out there. Those are Oracle and Microsoft. But BI dashboards can also be created through some other business apps, such as Microsoft Excel.   

 

EXAMPLES OF BI DASHBOARDS 

Because business dashboards became sort of universal front-end of any business intelligence, understanding which BI dashboard suits the best is crucial.

According to most users, by using Microsoft Excel, you can start business dashboard in an ease.

Microsoft Excel has relatively simple interface and does not require any thorough and professional education for you to properly know how to use it, which makes it perfect even for everyday use and also for users who consider themselves to be ‘’rookies’’ in the field of business and dealing with making of business intelligence dashboards.  

How can Xadat  help you with BI Dashboard?

With more than 7 years of experience in the area, we offer exclusive services that are executed by professionals:

  • Designing financial reporting
  • Building financial reporting
  • Financial reporting tests
  • Financial reporting maintenance

With this vast experience behind our backs, we can confidently say that we will surely make your financial reporting task much easier and smarter.

BI dashboard - xadat

Financial Reporting

Financial Reporting

Author

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Mondy Holten, SAP BI Consultant

mondy.holten@xadat.nl

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