8 Qualities of a Strong Online Dashboard

Measuring KPIs is one of the smartest ways to position a business for success. When choosing, seek one with the following essential qualities.

16:09 02 August 2021

Measuring KPIs is one of the smartest ways to position a business for success. However, because measuring KPIs can involve tracking and analyzing large data sets, it’s important to use the right dashboard.

 

A smart online dashboard is simply a web tool that allows you to track relevant KPI data much more easily than you otherwise could. When choosing which dashboard you’ll use, seek one with the following essential qualities:

 

Customizability

The KPIs one business should track may not necessarily be the KPIs another should track. You must carefully choose the proper KPIs to derive the most value from monitoring them.

 

Thus, you also need to work with a KPI dashboard that can be customized. If you can’t tailor a dashboard to your specific needs, it won’t be of much help to you.

 

Security

Security is a must when using a KPI dashboard. Odds are good your dashboard will provide a lot of confidential information about your business. You naturally don’t want that information leaking. Remember, depending on the data you’re tracking, preventing leaks could be key to complying with various laws and regulations.

 

Efficient report generation

A strong KPI dashboard will be able to generate reports relatively quickly and easily without sacrificing quality or accuracy. Additionally, the reports it generates should be fairly easy for any stakeholder or party with authorized access to understand. It’s also wise to use a dashboard that allows you to efficiently share your reports both internally and externally.

 

Automated report generation

Along with generating reports efficiently, the ideal KPI dashboard will also allow you to automate report generation. For example, you might want to program your dashboard to automatically generate a certain report according to a set schedule. This will help you save a lot of time in the long run.

 

Mobile accessibility

You and other members of your company who will need to access your KPI dashboard at various times may not always be in the office. As such, you should use a KPI dashboard that offers mobile accessibility.

 

Subscription options

While it’s important to choose a KPI dashboard that offers a range of features, to a reasonable degree, you want to avoid spending more money on a dashboard than you have the budget for. That’s why you should look for one that offers subscription options instead of requiring you to pay licensing fees. With a subscription, you can select the features you need without paying for those you don’t. A subscription-based payment system will also typically allow you to make upgrades as your needs expand, which is likely to happen as your business grows.

 

Vendor-provided updates

Being required to download patches and updates yourself can result in much time being wasted. To guard against this, choose a KPI dashboard whose vendor handles updating the product on their end. When you do, you’ll know you’re always using the most up-to-date version of the tool.

 

Intuitive interface

Finally, your KPI dashboard must be relatively easy to use. In fact, you might want to involve a few team members along with yourself when testing dashboards you’re thinking of using. You want to be sure those who will be using your dashboard feel it’s intuitive.

 

Take the time to make the right choice! When you find a KPI dashboard that boasts these qualities and features, you’ll see massive benefits.