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A KPI Dashboard Can Help You Track Your Company’s Performance

By Joshua Martindale

The KPI dashboard, or key performance indicator, serves as a software program which will track a business or industry’s efficiency. It tracks and provides essentially the most recent data on various facets of overall performance, for instance recent revenue and performance figures of competing companies.

Each and every business that competes in a particular market should have access to one of these types of applications. Quite a few corporate statistics might be accessed swiftly, but a review of the latest marketplace overall performance can take days.

At least one advantage of the KPI dashboard is that sales figures from one particular quarter to the next might be quickly compared. This will help the organization make choices about product sales approaches as well as about the performance of personnel. It may also show how well a business measures up to its competitors.

You’ll find numerous decisions made inside an organization that really should be carried out with the most accurate information and facts possible. A suitable software application can help offer much of the details needed.

Within the airline business, this sort of software can monitor the financial efficiency of many varied carriers, at the same time as added data like the frequency in which many different kinds of aircraft are flown or the number of seats purchased on every flight within a unique time interval.

Inside the health care industry, an application can track how many people come through the emergency room in each hospital inside a region, offer information on which facility gets probably the most trauma cases or exhibit the frequency in which specific disorders are diagnosed.

For corporations with various domestic or global locations, this kind of software can exhibit which are the highest performing in terms of earnings, evaluate levels of productivity, or indicate which places tend to be most cost efficient. Several features of such applications involve the ability to create graphs, bar charts, pie charts and quite a few additional visual aids applied in data analysis.

Applications also typically include numerous types of data that can be selected for analysis or assessment. Filters are also applied to look at specific events or ranges of events. This can incorporate dates, selection of certain product sales inside an organization, or for additional refined information which is very dependent upon particular factors.

Although there are numerous software businesses that offer these types of applications, they can also be created in Microsoft Excel. Excel could be applied to show percentiles or different distributions of different overall performance measures.

For individuals who are unfamiliar with the advanced functions of the Microsoft application, there are many books and some instructional videos readily available online to help with the process. For people who desire to have something they think is more user friendly, there are numerous software solutions that can be adapted for the unique corporation or market.

If you are looking for a company who can develop dashboards and online reporting to track your business, be sure to visit our website to discover the services we can provide your company.

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Article Citation
MLA Style Citation:
Martindale, Joshua "A KPI Dashboard Can Help You Track Your Company’s Performance." A KPI Dashboard Can Help You Track Your Company’s Performance. 4 Jul. 2010. 25 Dec 2014 <>.

APA Style Citation:
Martindale, J (2010, July 4). A KPI Dashboard Can Help You Track Your Company’s Performance. Retrieved December 25, 2014, from

Chicago Style Citation:
Martindale, Joshua "A KPI Dashboard Can Help You Track Your Company’s Performance"

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